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Course.Q.35:-Total assets and liabilities of the firm areRs 70000 and Rs 10000. Average Profit isRs.8000. NRR 10%. Calculate Super Profit?ORs 1000ORs 2000Rs 3000Rs 4000​

Answer»

Answer:

Rs 2,000

SUPER Profit = Rs 2,000

Explanation:

Solution :

Super Profit = Average Profit - Normal Profit

• Average Profit = Rs. 8000

Normal Profit =

CAPITAL EMPLOYED × \dfrac{NRR}{100}

Capital Employed = Total assets - Liabilities

\longrightarrow Rs 70,000 - Rs 10,000

\longrightarrow 60,000

Capital Employed = Rs 60,000

Normal Profit =

Capital Employed × \dfrac{Normal \: Rate \: of \: Return}{100}

\longrightarrow 6,000

Normal Profit = Rs ,6,000

Super Profit = Average Profit - Normal Profit

\longrightarrow 8000 - 6,000

\longrightarrow 2,000

Super Profit = Rs 2,000

Therefore,

Rs 2,000

Super Profit = Rs 2,000



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