Question No 19 of TS Grewal (CBSE)

Average profit of a firm during the last few years is Rs. 2,00,000 and the normal rate of return in a similar business is 10%. If the goodwill of the firm is Rs. 2,50,000 at 4 years’ purchase of super profit, find the capital employed by the firm.

Solution No 19 of TS Grewal (CBSE)

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