[CBSE] Q. 32 Solution of Goodwill TS Grewal Class 12 (2023-24)

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Solution to Question number 32 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2023-24 Edition?

The average profit of a firm during the last few years is ₹ 1,50,000. In similar businesses, the normal rate of return is 10% of the capital employed. Calculate the value of goodwill by capitalisation of the super profit method if the super profits of the firm are ₹ 50,000.

[Ans.: Goodwill – ₹ 5,00,000.]

Solution:-

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