The average profit of a business over the last 5 years amounting to ₹ 60,000. The normal
commercial yield on capital invested in such a business is Deemed to be 10% per annum. The net capital
invested in the business is ₹ 5,00,000. amount of goodwill, if it is based on 3 years purchase of last 5
years super profit will be???
Answers
Answered by
25
Answer:
super profit = 10000
goodwill= 30000
Explanation:
super profit = avg profit - normal profit
where, avg profit = 60000
and, normal profit is normal rate of return on capital employed.
so, normal profit = 50000 * 10% = 50000
super profit = 60000 - 50000 = 10000
and, good will = 10000 * 3 = 30000
Answered by
6
Answer:
didi please long and easy answer dijiya.
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