Question

13. X and Y are partners. They have calculated goodwill of the firm on the admission of a new partner? Goodwill calculated by using super profit method = 4,60,000; Average profit 3,50,000; capital employed = 10,00,000; number of years purchased = 2 years. Normal rate of return was: A. 10% B. 11% C. 12% D. 15%​

Answer 1

Answer:

12% mark me as brainliast