Super Profit Method|Questions & Answer|OMR

Super Profit Methods

Questions And Answer|OMR

Questions And Answer|OMR

Average Profit Methods

NCERT Questions Answers|OMR

About The Poet|About The Poem|Poem Explanation|Literary Devices|NCERT Question Answer|Previous Year Question Answer |OMR|Summary

About The Poet|About The Poem|Poem Explanation|Literary Devices|NCERT Question Answer|Previous Year Question Answer |OMR|Summary

(Super Profit Method, Undervaluation of Stock). Average profit earned by a firm is Rs. 75,000 which includes undervaluation of stock of Rs. 5,000 on average basis. The capital invested in the business is Rs. 7,00,000 and the normal rate of return is 7% . Calculate goodwill of the firm on the basis of 5 times the super profit.