Q1148
Average profit of a firm is Rs. 9,000. Firm's capital is Rs. 60,000 and normal return on business is expected at 10%. The goodwill by capitalisation method will be:
A.
Rs. 30,000
AnswerB.
Rs. 20,000
C.
Rs. 25,000
D.
Rs. 40,000
Answer: Option A
Solution
Answer: Option A
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