[ISC] Q. 25 Goodwill Solution TS Grewal Class 12 (2023-24)

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Solution to Question number 25 of the Goodwill Chapter 2 TS Grewal Book ISC Board 2023-24 Edition.

Average profit earned by a firm is ₹ 1,00,000 which includes undervaluation of stock of ₹ 40,000 on an average basis. The capital invested in the business is ₹ 6,30,000 and the normal rate of return is 5%. Calculate goodwill of the firm on the basis of 5 times the super profit.

Solution:-

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

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