12th Class
Accountancy
Goodwill
Question Bank
MCQs - Goodwill : Nature And Valuation
question_answer
The net profits for the last 3 years were: 2018-19 Rs.40,000; 2019-20 Rs.46,000 and 2020-21 Rs.52,000. There was an abnormal loss of Rs.3,000 included in the profit of 2019-20.Adjusted average profit will be: