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Question
Match the following items:
| (i) | If goodwill is valued at ₹ 1,20,000 at 4 years purchase of super profit; normal return is 10% and average profits are ₹ 50,000, capital employed will be | (a) | ₹ 8,00,000 |
| (b) | ₹ 2,00,000 | ||
| (c) | ₹ 5,00,000 |
Match the Columns
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Solution
| (i) | If goodwill is valued at ₹ 1,20,000 at 4 years purchase of super profit; normal return is 10% and average profits are ₹ 50,000, capital employed will be | (b) | ₹ 2,00,000 |
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