[ISC] Q. 32 Goodwill Solution TS Grewal Class 12 (2023-24)

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Solution to Question number 32 of the Goodwill Chapter 2 TS Grewal Book ISC Board 2023-24 Edition.

Average profit of the firm is ₹ 2,00,000. Total assets of the firm are ₹ 15,00,000 whereas Partner’s Capital is ₹ 12,00,000. If normal rate of return in a similar business is 10% of the capital employed, what is the value of goodwill by capitalisation of Super Profit?

Solution:-

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

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