Question : The goodwill of a firm is Rs.54,000 valued at 4 years purchase of super profit. The capital employed of firm is Rs.2.00,000 and normal rate of return is 10%. The average profit of firm is:

Option 1: Rs.23,500

Option 2: Rs.33,500

Option 3: Rs.20,000

Option 4: Rs.24,500

Question : Average profit earned by a firm is Rs. 2,50,000 which includes overvaluation of stock of Rs 10,000 on average basis. Capital invested in the business is Rs. 14,00,000 and the normal rate of return is 15%. Calculate goodwill of the firm on the basis of 4 times the super profit.

Option 1: Rs 30,000

Option 2: Rs 40,000

Option 3: Rs 1,20,000

Option 4: None of these

Question : Average profit is Rs.5,00,000. Capital employed is Rs.40,00,000. Normal rate of return is 8%. The value of goodwill on the basis of capitalisation of super profit is:

Option 1: Rs.22,50,000

Option 2: Rs.25,00,000

Option 3: Rs.32,50,000

Option 4: Rs.15,50,000

Question : If average capital employed in a firm is Rs.5,00,000, actual profit is Rs.70,000 and normal rate of return is 10%, then super profit is:

Option 1: Rs.40.000

Option 2: Rs.30,000

Option 3: Rs.50,000

Option 4: Rs.20,000

Question : Average profits of a firm during the last few years are Rs. 80,000 and the normal rate o return in a similar business is 10%. If the goodwill of the firm is Rs. 1,00,000 at 4 years purchase of super profit, the value of capital employed by the firm is 

Option 1: Rs 55,000

Option 2: Rs 5,50,000

Option 3: Rs 10,50,000

Option 4: Rs 1,00,000