[ISC] Q. 16 Goodwill Solution TS Grewal Class 12 (2023-24)

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Solution to Question number 16 of the Goodwill chapter 2 TS Grewal Book ISC Board 2023-24 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.

Solution:-

List of all solutions of Goodwill chapter TS Grewal ISC Board class 12 (2023-24)

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