1 Goodwill Normal Profit questions from CUET Accountancy 2025 30 May Shift 2 with detailed answers and explanations. Free previous year questions and MCQs.
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Goodwill Normal Profit — CUET Accountancy 2025 30 May Shift 2(1–1 of 1)
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Q1easymcqAccountancyCUET Accountancy 2025 30 May Shift 22026
The books of a business showed that the firm's capital employed on December 31, 2015, is Rs. 5,00,000 and the profits for the last five years were: 2011–Rs. 40,000; 2012–Rs. 50,000; 2013–Rs. 55,000; 2014–Rs. 70,000 and 2015–Rs. 85,000. Find out the normal profits of the business, given that the normal rate of return is 10%.
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