Accountancy, asked by asthakriti19, 2 months ago

Raj brothers an average profit of 13000 with the capital of 200000 the normal rate of return in the business is 10% usually capitalisation of super profit method work out the value of goodwill of the farm
please solve this..its very important.​

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Answers

Answered by Heartless3117
1

i hope u understand ....

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Answered by knjroopa
0

Explanation:

Given Raj brothers an average profit of 30000 with the capital of 200000 the normal rate of return in the business is 10% usually capitalization of super profit method work out the value of goodwill of the firm

  • Given,
  •        So the average profit is Rs 30,000
  •                The Capital will be Rs 2,00,000
  • So we have Normal Profit = Capital x Normal Rate of return / 100
  •                                             = 2,00,000 x 10 / 100
  •                                              = Rs 20,000
  • Also Super Profit = Average Profit – Normal Profit
  •                                = 30,000 – 20,000  
  •                               = Rs 10,000
  • Now we have  
  •             Good will = Super Profit x 100 / Normal rate of return
  •                               = 10,000 x 100 / 10
  •                               = Rs 1,00,000  

Reference link will be

https://brainly.in/question/17680744

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