Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000
loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2%
Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of
Goodwill at 3 years. purchase of super Profit is
A Rs.8,000
B Rs.8,800
C Rs.8,850
D Rs.9,500
ANS: Rs.8,850
loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2%
Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of
Goodwill at 3 years. purchase of super Profit is
A Rs.8,000
B Rs.8,800
C Rs.8,850
D Rs.9,500
ANS: Rs.8,850