Question No 20 of TS Grewal (CBSE)

A business earned an average profit of Rs. 1,80,000 during the last few years. Average capital employed by the firm is Rs. 12,50,000. If goodwill of the firm is valued at Rs. 1,60,000 at 2 years’ purchase of super profit, find normal rate of return.

Solution No 20 of TS Grewal (CBSE)

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