ICSE XII/MCQ Questions for Class 12 Accountancy set-4 MCQs :- multiple choice questions and answers. e.g ICSE XII MCQS,ICSE XII Mock Tests , ICSE XII Practice Papers ,ICSE XII Sample Test,ICSE XII Sample questions

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Question 1: 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 :

₹ 20,000

₹ 15,000

₹ 10,000

None of these

Total MCQS Questions are 50 in this paper MCQ Questions for Class 12 Accountancy set-4