Vidyalelo
Commerce · Q2236

Accounting

Graduate and Post Graduate · Commerce · question 2236

Q2236

Average profit of a firm is Rs. 10,000. Firm's capital is Rs. 70,000 and normal return of this business is expected at 10%. By capitalisation method, Goodwill be

A.
Rs. 30,000
Answer
B.
Rs. 60,000
C.
Rs. 1,00,000
D.
Rs. 1,70,000

Answer: Option A

Solution

Answer: Option A
No explanation is given for this question Let's Discuss on Board