Accountancy, asked by priyanshi1114, 5 months ago

average capital employed in a firm is Rs. 5,00,000, actual profit is Rs. 70,000 and normal rate of return is 10%, then super profit is

Answers

Answered by rharip31104

0

Answer:

Rs. 20,000

Explanation:

Super Profit = Avg Cap Empl - Actual Profit

= 70,000 - 50,000 [ 5,00,000*10% = 50,000]

= 20,000

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