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LoginCourse.Q.35:-Total assets and liabilities of the firm areRs 70000 and Rs 10000. Average Profit isRs.8000. NRR 10%. Calculate Super Profit?ORs 1000ORs 2000Rs 3000Rs 4000
Business Studies Secondary School in Business Studies 9 months ago
Answer:
Rs 2,000
SUPER Profit = Rs 2,000
Explanation:
Solution :
Super Profit = Average Profit - Normal Profit
• Average Profit = Rs. 8000
Normal Profit =
Capital Employed = Total assets - Liabilities
Rs 70,000 - Rs 10,000
60,000
Capital Employed = Rs 60,000
Normal Profit =
Capital Employed ×
6,000
Normal Profit = Rs ,6,000
Super Profit = Average Profit - Normal Profit
8000 - 6,000
2,000
Super Profit = Rs 2,000
Therefore,
Rs 2,000
Super Profit = Rs 2,000
Posted on 13 Nov 2024, this text provides information on Business Studies related to Secondary School in Business Studies. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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