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Question
If average profits of a firm are ₹ 74,000, normal rate of return is 10%, goodwill is valued at ₹ 1,20,000, capital employed will be ______.
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Solution
If average profits of a firm are ₹ 74,000, normal rate of return is 10%, goodwill is valued at ₹ 1,20,000, capital employed will be ₹ 6,20,000.
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