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  3. 12th Class
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  5. Goodwill

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

  • question_answer
    Average profits of a firm during the last few years are Rs.80,000 and the normal rate of return in a similar business is 10%. If the goodwill of the firm is Rs.1,00,000 at 4 years purchase of super profit, find the capital employed by the firm.

    A) 4,50,000 

    B) 5,00,000

    C) 5,50,000

    D) 6,00,000

    Correct Answer: C

    Solution :

    5,50,000


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