Accountancy, asked by krsomya, 2 months ago

Ques 4 Capital employed of a firm is 3,00,000. The annual profit earned by the firm during 2019 is 348,000.
The money could be invested in a bank for 5 years at 10%p.a. considering 2% as fair compensation for the risk
involved in the business, the goodwill of the firm on the basis of capitalisation will be:​

Answers

Answered by diyabhati78
20

Explanation:

Capital employed: 300000

Annual Profit:48000

Rate: (10+2)

Normal profit = 300000*12/100

=36000

Super Profit = avg. profit-normal profit

=48000-36000

=12000

super profit = 12000/12*100

=100,000

Answer:100000

Answered by mariospartan
7

Given:

Capital employed of firm = 300000

Annual profit = 348000

Rate = 10% p.a

To Find:

profit of the firm

Explanation:

Capital employed =300000

Annual Profit = 48000

Then Rate = (10+2)

Normal profit = 300000×12/100

= 36000

Super Profit = avg. profit - normal profit

= 48000 - 36000

= 12000

super profit = 12000/12×100

= 100,000

Profit will be of 100000

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