Super Profit Method MCQ

Below Super Profit Method quiz are Multiple Choice Questions (MCQs) type Quiz. These Super Profit Method MCQ Questions helps you to refresh your Super Profit Method, you can see the correct option by clicking on it. .
  • 1. Average profit of firm is ₹ 3,00,000.total tangible assets in the firm are ₹ 28,00,000 and outside liabilities ₹ 8,00,000.The NRR is 10% of capital employed.calculate goodwill by capitalisation of super profit method.

    • ₹ 14,00,000
    • ₹ 16,00,000
    • ₹ 18,00,000
    • ₹ 10,00,000
  • 2. A firms earn ₹ 1,20,000 as its annual profits.The normal rate of profit being 10 % .Assets of the firm are ₹ 14,40,000 and liabilities are ₹ 4,40,000.Tick the correct option for goodwill by capitalisation method.

    • ₹ 4,00,000
    • ₹ 2,80,000
    • ₹ 2,00,000
    • ₹ 3,60,000