[ISC] Q. 13 Goodwill Solution TS Grewal Class 12 (2026-27)

Solution to Question number 13 of the Goodwill chapter 2 TS Grewal Book ISC Board 2026-27 Edition.

Rakesh and Ashok earned a profit of ₹ 5,000. They employed capital of ₹ 25,000 in the firm. It is expected that the normal rate of return is 15% of the capital. Calculate amount of goodwill if goodwill is valued at three year’s purchase of super profit.

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