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The average capital employed of a firm i...

The average capital employed of a firm is Rs 4,00,000 and the normal rate of return is `15%.` The average profit of the firm is Rs 80,000 per annum. If the remuneration of the partners is estimated to be Rs10,000 per annum, then on the basis of two years purchase of super-profit, the value of teh Goodwill will be:

A

Rs 10,000

B

Rs 20,000

C

Rs 60,000

D

Rs 80,000

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The correct Answer is:
B
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DK GOEL-CHANGE IN PROFIT SHARING RATIO AMONG THE EXISTING PARTNERS -HOTS
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  6. Total Capial employed in the firm is Rs8,00,000, reasonable rate of re...

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  7. The average capital employed of a firm is Rs 4,00,000 and the normal ...

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  8. A firm earn Rs 1,10,000. The normal rate of return is 10%. The assets...

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  9. Capital invested in a firm is Rs 5,00,000. Normal rte of return is 10%...

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  10. P and Q were partners sharing profits and losses in the ratio of 3:2. ...

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  11. A, B and C partners sharing profits in the ratio of 4:3:2 decided to...

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  12. A, B and C were partners sharing profits and losses in the ratio of 7:...

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  13. P, Q and R were partners in a firm sharing profits in 5:3:2 ratio. The...

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  14. A, B and C are partners in a firm sharing profits in the tatio of 3:4:...

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  15. A, B and C are partner sharing profits in the ratio of 1:2:3. On 1-4-2...

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  16. X, Y and Z are partners in a firm sharing profits in the ratio 4:3:2. ...

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  17. Arun and Varun are partners sharing profits in the ratio of 4:3. Their...

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  18. X, Y and Z are partners in a firm sharing profits in the ratio of 3:2:...

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  19. X, Y and Z are partners sharing profits and losses in the ratio 5:3:2...

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  20. Any change in the relationship of existin g partners which results in ...

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