[ISC] Q. 17 Goodwill Solution TS Grewal Class 12 (2026-27)

Solution to Question number 17 of the Goodwill chapter 2 TS Grewal Book ISC Board 2026-27 Edition.

Average net profit expected in future by Zee & Co. is ₹ 36,0000 per year. Capital employed in the business by the firm is ₹ 2,00,0000. Normal rate of return on capital in this class of business is 10%. Remuneration of the partners (Management Cost) is estimated to be ₹ 6,0000 p.a. Find the value of goodwill on the basis of two year’s purchase of super profit.

Solution:-