[CBSE] Q. 25 Solution of Admission of Partner TS Grewal Class 12 (2024-25)

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Solution to Question number 25 of the Admission of Partner chapter 5 of TS Grewal Book 2024-25 Edition CBSE Board?

Aayush and Aarushi are partners sharing profits and losses in the ratio of 3 : 2. They admitted Naveen into partnership for 1/4th share. Goodwill of the firm was to be valued at three year’s purchase of super profits. Average net profit of the firm was ₹ 20,000. Capital investment in the business was ₹ 50,000 and Normal Rate of Return was 10%. Calculate the amount of Goodwill premium brought by Naveen.

[Ans.: Goodwill of the firm – ₹ 45,000; Goodwill Premium brought by Naveen – ₹ 11,250.]

Solution:-

Here is the list of all Solutions of Admission of Partners of TS Grewal class 12 CBSE 2024-25.

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Anurag Pathak
Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

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