return is 8%, the Goodwill' of the firm is valuc super profit, find the average profit of the firm. (C.B.S.E. 2015, Compr Ans Average Profit R23,800.] rrent Liabilities Total Assets I.20,000-10,000i,10,000 t: Capital Employed 0. 15. On April 1Ist 2015, an existing firm had assets of 5,00,000 including cas of 20,000. the firm had a General Reserve of R90,000, partner's capital accounts showed a balance of 3.80.000 and creditors amounted to 30,000. If the normal rate s20% and the goodwill of the firm is valued at R64,000 at 4 year's purchae of return is of super profit, find the average profits of the firm. IAns. I,10,000.] Capitalisation Method: Q. 16. The average profts of a firm is 48.000. The total assets of the fim at 8,00,000. Value of other liabilities is R5,00,000. Average rate of retur in the same business is 12%.

return is 8%, the Goodwill' of the firm is valuc super profit, find the average profit of the firm. (C.B.S.E. 2015, Compr Ans Average Profit R23,800.] rrent Liabilities Total Assets I.20,000-10,000i,10,000 t: Capital Employed 0. 15. On April 1Ist 2015, an existing firm had assets of 5,00,000 including cas of 20,000. the firm had a General Reserve of R90,000, partner's capital accounts showed a balance of 3.80.000 and creditors amounted to 30,000. If the normal rate s20% and the goodwill of the firm is valued at R64,000 at 4 year's purchae of return is of super profit, find the average profits of the firm. IAns. I,10,000.] Capitalisation Method: Q. 16. The average profts of a firm is 48.000. The total assets of the fim at 8,00,000. Value of other liabilities is R5,00,000. Average rate of retur in the same business is 12%. Q. I S. On April 1st 2015, an existing firm had assets of including* of the firm had a General Reserve of 00,000, partner's capital accoun showed a balance of and creditors amounted to e 30,000. If the normal of retum is and the goodwill of the firm is valued at at 4 year's purchut of profit. find the average profits of the firm. [Ans. el,lo.ooo.l