pls solve it ⚡
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Answer:
SUPER PROFIT = 10,000
Explanation:
SUPER PROFIT BASIS:
IN THE CASE OF SUPER PROFIT METHOD GOODWILL IS VALUED ON THE BASIS OF SUPER PROFIT EARNED BY FIRM
SUPER PROFIT = ACTUAL PROFIT - NORMAL PROFIT
ACTUAL PROFIT IS AVERAGE PROFIT
NORMAL PROFIT = NORMAL RATE OF RETURN (NRR)×CAPITAL
EMPLOYED
NORMAL PROFIT = 10%×2,00,000
NORMAL PROFIT = 20,000
SUPER PROFIT = 30,000 - 20,000
SP = 10,000
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