Question

If Average Profit = Rs. 1, 60,000 Actual Capital Employed = Rs. 5, 00,000 If rate of Normal Profit = 20% What is the amount of Super Profit?

Answer 1

Answer:

Super Profit = 60,000 (160,000 - 100,000)

Explanation:

Average Profit = 160,000

Normal Profit = 100,000 (500,000 * 0.20)

Answer 2

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