Question
XYZ & co is a partnership firm that has been operating
for five years. The firm has consistently achieved average annual profits of ₹1,00,000. The capital employed in the business is ₹5,00,000. The partners estimated a normal rate of return of 10% for businesses in the same industry. Calculate the goodwill of the firm being 3 years' purchase of super profit.Solution
The correct answer is D
In the early days, cars were considered (1)/luxury goods and high excise duty was levied on (2)/petrol, but it was lowest on diesel to make it (3)/chea...
I wish I was (1)/ more confident about (2)/ my ability to solve (3)/ complex problems easily. (4)
The dust risen like (A) / billowing clouds as the (B) / cab pulled up around (C) / the corner of 5th A Cross. (D) / No error (E)
I will reach there at 12 AM (a) / but don’t worry when (b) / I am late. (c) / No error (d)
Directions : In the following question, a sentence is given, divided into 5 parts. Part (E) is grammatically correct. Out of the other four parts, one ...
In the following questions each sentence is divided into four parts. Read each sentence to find out if there is any error in it. The error, if any, wil...
Global commodities have witnessed a bull run over the last 12 months, revival hopes of the beginning of the next super cycle in commodity prices.
...Even after all the corruption and mismanagement, the tribal of the North Eastern Region continues to send their children to study in government ...
- Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Mark the part with the...
Now I have come (A)/ to know why he always remains at (B)/ loggers-head with his wife and mother-in-law (C)/ No Error (D).
