Average profit of a firm is Rs. 9,000. Firm's capital is Rs. 60,000 and normal return on business is expected at 10%. The goodwill by capitalisation method will be:
A. Rs. 30,000
B. Rs. 20,000
C. Rs. 25,000
D. Rs. 40,000
Answer: Option A
This Question Belongs to Commerce >> Accounting
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