[CBSE] Q. 35 Solution of Goodwill TS Grewal Class 12 (2024-25)

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Solution to Question number 35 page of the Goodwill Chapter 2 TS Grewal Book CBSE Board 2024-25 Edition.

Rajan and Rajani are partners in a firm. Their Capitals were Rajan ₹ 3,00,000; Rajani ₹ 2,00,000. During the year ended 31st March 2023, the firm earned a profit of ₹ 1,50,000. Calculate the value of goodwill of the firm by capitalisation of super profit assuming that the normal rate of return is 20%.

[Ans.: Goodwill – ₹ 2,50,000.]

Solution:-

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