Question : The average capital employed in a business is Rs.5,00,000 and the average net profit earned is Rs.65,000. If normal rate of return on capital employed is 8% and remuneration of Rs.20,000 is expected, then the super profit of the concern is:

Option 1: Rs.15,000

Option 2: Rs.5,000

Option 3: Rs.25,000

Option 4: Rs.5,200

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 : A firm earned average profit of Rs.45.000. Rate of return on capital employed is 12% p.a. Total capital employed is Rs.4,00,000. Goodwill on the basis of two years purchase of super profit is:

Option 1: Rs.6,000

Option 2: Rs.12,000

Option 3: Rs.18,000

Option 4: None of these

Question : Calculate the value of goodwill at 3 years' purchase when: Capital employed Rs.2,50,000; Average profit Rs.30,000 and normal rate of return is 10%.

Option 1: Rs.33,000

Option 2: Rs.25,000

Option 3: Rs.30,000

Option 4: Rs.15,000

Question :

The Formula for Capitalisation of Super Profit Method is:

Option 1: Super Profit X No. of years Purchase

Option 2: Super Profit X 100/Normal rate of return

Option 3: (Super Profit - Normal Profit) 100 / Normal Rate of Return

Option 4: None of the above