[ISC] Q. 18 Goodwill Solution TS Grewal Class 12 (2026-27)

Solution to Question number 18 of the Goodwill chapter 2 TS Grewal Book ISC Board 2026-27 Edition.

Capital of the firm of Anu and Benu is ₹ 5,00,000 and the market rate of interest is 15%. Annual salary to partners is ₹ 30,000 each. Profits for the last 3 years were ₹ 1,50,000; ₹ 1,80,000 and ₹ 2,10,000. Calculate the value of goodwill of the firm by Super Profit Method if it is valued at 3 Year’s purchase of super profit.

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