{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2024-04-19T12:49:42.556Z","dateModified":"2025-03-27T08:23:01.802Z","typicalAgeRange":"11-18","educationalLevel":"CUET (UG)","assesses":"Accountancy - Assets & Liabilities","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Assets & Liabilities"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Accountancy"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (UG)"}],"name":"Quiz about Assets & Liabilities","about":{"@type":"Thing","name":"Accountancy - Assets & Liabilities"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Assets & Liabilities","text":"Calculate the Normal Rate of Return if normal profit is ₹30,000, Assets 5,30,000 and liabilities ₹30,000, while calculating the value of goodwill of the firm at the time of admission of a partner. 1. 5.6% 2.6% 3.5.3% 4.5%}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"\"\""},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

5.6%

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

5.3%

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

","comment":{"@type":"Comment","text":"\"\""},"answerExplanation":{"@type":"comment","text":"The correct option is (B): 6%"}}}]}

Calculate the Normal Rate of Return if normal profit is ₹30,000, Assets 5,30,000 and liabilities ₹30,000, while calculating the value of goodwill of the firm at the time of admission of a partner. 1. 5.6% 2.6% 3.5.3% 4.5%

The Correct Option is B

Solution and Explanation

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