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12th Class Accountancy Goodwill Question Bank MCQs - Goodwill : Nature And Valuation

  • question_answer
    The net profits for the last 3 years were: 2018-19 Rs.40,000; 2019-20 Rs.46,000 and 2020-21 Rs.52,000. There was an abnormal loss of Rs.3,000 included in the profit of 2019-20.Adjusted average profit will be: 

    A) 40,800

    B) 45,000

    C) 47,000

    D) 46,000

    Correct Answer: C

    Solution :

    47,000


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