A firm earned the net profit during the last 3 years as follow 2001 Rs 15,000 The capital investment in the firm is rs 1,00,000 Having regard to 2002Rs 20,000 2003 Rs 25,000 the risk involved 15 is the fair return on basis of 2 years purchase of average Super profit earned during 3 years is A Rs 8...

Correct option is B Rs 10000 Average profit 150002 ...

A firm earned the net profit during the last 3 years as follow: 2001 Rs. 15,000...

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College Accounting

ISBN: 978-1111528126

11th edition

Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille

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Posted Date: Jan 09, 2021 02:06 PM

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A firm earned the net profit during the last 3 years as follow: 2001 Rs. 15,000...

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Correct option is B Rs 10000 Average profit 150002... View the full answer

College Accounting

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