CUET Accountancy - If Average Capital Employed in a firm is Rs. 9,00,000 ; Average Profits Rs. 2,80,000 and Normal rate of return is 20%, then value of goodwill as per capitalisation of super profits is : | PYQs + Solutions

CUET Accountancy 2023 28 May Shift 1

Partnership

Medium

Rs. 1,24,000

Rs. 5,00,000

Rs. 45,00,000

Rs. 3,36,000

✅ Correct Option: 2

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Calculate the amount of adjusted profit for the year ended 31 March 2021 for the purpose of valuation of Goodwill from the following information:

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CUET Accountancy 2023 28 May Shift 1 PYQs

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