Question

8.what is the super profit?when average profit is ₹1,00,000.capital employed by a partnership firm is ₹ 8,00,000.The normal rate of return is 10%.​

Answer 1

Answer:

The Super Profit = 20,000

Explanation:

Solution :

Average Profit is ₹1,00,000

Capital Employed by a partnership firm is ₹ 8,00,000.

The normal rate of return is 10%.

Super Profit = ???

Super Profit = Average Profit - Normal Profit

Normal Profit = Capital Employed × The normal rate of return / 100

____________________________

Normal Profit = Capital Employed × The normal rate of return / 100

Normal Profit = 8,00,000 × 10%

⇒ 8,00,000 × 10/100

⇒ 80,000

Normal Profit = 80,000

Average Profit is ₹1,00,000.

Super Profit = Average Profit - Normal Profit

⇒ 1,00,000 - 80,000

⇒ 20,000

Super Profit = 20,000

Therefore, the Super Profit = 20,000

Answer 2

Question :

• What is the super profit ? When average profit is ₹ 1,00,000. Capital employed by a partnership firm ₹ 8,00,000 is .The normal rate of return is 10%.

Given :

• Average profit = ₹ 1,00,000
• Capital employed by partnership firm = ₹ 8,00,000
• The normal rate of return = 10%

To find :

• The super profit = ?

Required Answer :

• The super profit = 20,000

Step by step explanation :

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Using formula :

$\red\bigstar\:\small{\underline{\boxed{\bf{\green{Normal\:Profit = Capital\:Employed\:\times\: The\:normal\:rate\:of\:return}}}}}$

Putting all known values :

$\dashrightarrow\qquad\sf Normal\:Profit = 800000\:\times\:10\%$

$\dashrightarrow\qquad\sf Normal\:Profit = 800000\:\times\:\dfrac{10}{100}$

$\dashrightarrow\qquad\sf Normal\:Profit = 8000\cancel{00}\:\times\:\dfrac{10}{1\cancel{00}}$

$\dashrightarrow\qquad\sf Normal\:Profit = 8000\:\times\:10$

$\dashrightarrow\qquad\sf {Normal\:Profit = {\boxed{\frak{\pink{80,000}}}}}\:\purple\bigstar$

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Using formula :

$\red\bigstar\:\small{\underline{\boxed{\bf{\green{Super\:Profit = Average\:Profit\:-\:Normal\:Profit}}}}}$

Putting all known values :

$\dashrightarrow\qquad\sf Super\:Profit = 100000\:-\:80000$

$\dashrightarrow\qquad\sf {Super\:Profit = {\boxed{\frak{\pink{20,000}}}}}\:\purple\bigstar$

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$\therefore\:{\underline{\frak{The\:super\:profit\:\leadsto\:20,000}}}$