MCQ Questions for Class 12 Accountancy set-4/ICSE XII MCQs

Q1. A firm has an average profit of ₹ 60,000 Rate of return on capital employed is 12.5% p.a. Total capital employed in the firm was ₹ 4,00,000. Goodwill on the basis of two years purchase of super profit is :

Question 1 of 50 (Total MCQS: 50 in paper MCQ Questions for Class 12 Accountancy set-4)

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