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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 3 · Set 3 · Q12
Average capital employed in a firm is ₹ $\displaystyle 3,00$,000. The normal rate of return in the business is $\displaystyle 20$% and the {arm's average profits are ₹ $\displaystyle 80$,000. Value of goodwill by capitalisation of super profits method is :
Official answer
From CBSE’s own marking scheme for this paper.
(B)
₹ $\displaystyle 1,00,000$
Marking-scheme solution
Q. Average capital employed in a firm……
(b)
₹$\displaystyle 1,00,000$
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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.