Total assets of a firm including fictitions assets of Rs. 5,000 are Rs. 85,000. Liabilities of the firm are Rs.30,000 . Normal rate of rete of return is `10%` and the average profit of the is firm is Rs.8,000 . Calculate goodwill as per capitalisation of super profit.A. Rs. 20,000B. Rs.30,000C. Rs. 25,000D. None of These.

Total assets of a firm including fictitions assets of Rs. 5,000 are Rs

1.	Total assets of a firm including fictitions assets of Rs. 5,000 are Rs. 85,000. Liabilities of the firm are Rs.30,000 . Normal rate of rete of return is `10%` and the average profit of the is firm is Rs.8,000 . Calculate goodwill as per capitalisation of super profit.A. Rs. 20,000B. Rs.30,000C. Rs. 25,000D. None of These.
Answer» Correct Answer - b

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