Question No 33 of TS Grewal (CBSE)
Average profit of a firm during the last few years is Rs. 1,50,000. In similar business, the normal rate of return is 10% of the capital employed. Calculate the value of goodwill by capitalization of super profit method if super profit of the firm are Rs. 50,000.
Solution No 33 of TS Grewal (CBSE)