Question

a Farm and profit of rupees 110000 the normal rate of return is 10% on Capital Asset of the form Rs 11 lakh and the library of rupees 100000 value of goodwill by capitalisation of average profit will be
A RS 10000
B RS 100000
C RS 1,10000
D RS, 1000000
​

Answer 1

Answer:

A. 10000

Explanation:

profit - library = net profit

110000-100000=10000..