[ISC] Q. 3 Goodwill Solution TS Grewal Class 12 (2023-24)

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Solution to Question number 3 of the Goodwill chapter 2 TS Grewal Book ISC Board 2023-24 Edition.

Calculate the value of goodwill of a firm on the basis of three year’s purchase of average profit of the preceding five years which were as follows:

Year EndedProfit (₹)
31st March, 20238,00,000
31st March, 202215,00,000
31st March, 202118,00,000
31st March, 20204,00,000 (Loss)
31st March, 201913,00,000

Solution:-

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

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