Question

id 84,000
(d) 20,000.
15. M/s.Supertech India has assets of 5,00,000, whereas Liabilities are:Partners'Capitals-33,50,000, General
Reserve 60,000 and Sundry Creditors-90,000. If Normal Rate of Return is 10% and Goodwill of the
firm is valued at 90,000 at 2 years' purchase of Super Profit. The Average Profit of the firm will be
(a) 46,000.
(b) 386,000.
d) 1,63,000.
Ta) * 23,000.​

Answer 1

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