[ISC] Q. 31 Goodwill Solution TS Grewal Class 12 (2026-27)

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Solution to Question number 31 of the Goodwill chapter 2 TS Grewal Book ISC Board 2026-27 Edition.

A firm earned average profit of ₹ 1,00,000 during the last few years. Calculate the value of Goodwill by capitalisation method, given that the assets of the firm are 10,00,000 (excluding goodwill) and its external liabilities are ₹ 1,50,000. Normal Rate of Return is 10%.

Solution:-

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