MCQOPTIONS
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| 1. |
Capital employed in a business is Rs. 150000. Profit gained was Rs. 50000/-and the normal rate of profit is 20%. The amount of goodwill as per the capitalization method would be |
| A. | Rs. 100000 |
| B. | Rs. 150000 |
| C. | Rs. 200000 |
| D. | Rs. 300000 |
| Answer» B. Rs. 150000 | |