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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 2 · Q12
Average capital employed in a firm is ₹ $\displaystyle 1,60$,000. The normal rate of return is $\displaystyle 15$% and its average profits are ₹ $\displaystyle 60$,000. Value of goodwill by capitalisation of average profits method is :
Official answer
From CBSE’s own marking scheme for this paper.
(C)
₹ $\displaystyle 2,40,000$
Marking-scheme solution
(c)
₹$\displaystyle 2,40,000$
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CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.