Question : Capital employed of a firm is Rs.3,00,000. The annual profit earned by the firm during the year is Rs.48,000. The money could be kept in a bank for 5 years at 10% p.a, considering 2% as fair compensation for risk involved in business, the goodwill of the firm on the basis of capitalisation will be:

Option 1: Rs.1,00,000

Option 2: Rs.1,80,000

Option 3: Rs.1,20,000

Option 4: None of these

Question : A firm earned Rs. 60,000 as profit, the normal rate of return being 10%. Assets of the firm are Rs. 7,20,000 (excluding goodwill) and Liabilities are Rs. 2,40,000. The value of goodwill by Capitalisation of Average Profit Method is 

Option 1: Rs 1,20,000

Option 2: RS 60,000

Option 3: Rs 4,80,000

Option 4: Rs 2,40,000

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 : 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

Question : A, B and C are partners in a firm. Their profit-sharing ratio is 2:2:1. C is guaranteed a minimum of Rs 1,00,000 as a share of profit every year. Any deficiency arising shall be met by B. The profits for the year ended 2021 are Rs 6,00,000 respectively. What will be the partners' profit share?

Option 1: Rs 1,50,000, Rs 1,00,000, Rs 50,000

Option 2: Rs 2,40,000, Rs 2,40,000, Rs 1,20,000

Option 3: Rs 3,00,000, Rs 2,00,000, Rs 1,00,000

Option 4: None of these

Question : A, B and C are partners in a firm. Their profit-sharing ratio is 2:2:1. C is guaranteed a minimum of Rs 1,00,000 as a share of profit every year. Any deficiency arising shall be met by B. The profits for the year ended 2021 are Rs 6,00,000 respectively. What will be the partners' profit share?

Option 1: Rs 1,50,000, Rs 1,00,000, Rs 50,000

Option 2: Rs 2,40,000, Rs 2,40,000, Rs 1,20,000

Option 3: Rs 3,00,000, Rs 2,00,000, Rs 1,00,000

Option 4: None of these