12th Class
Accountancy
Goodwill
Question Bank
MCQs - Goodwill : Nature And Valuation
question_answer
A and B were partners in a firm with capitals of Rs.3,00,000 and Rs. 2,00,000 respectively. The normal rate of return was 20% and the capitalised value of average profits was Rs.7,50,000. Goodwill of the firm by capitalisation of average profits method will be;