1.

Capital employed by a patnership firm is 500000 . its average profit is 60000. the normal rate of return is 10%. what is the amount of super profit​

Answer»

Answer:

10 THOUSANDS

Explanation:

Normal PROFIT=500000×10÷100=50000

Super profit =ACTUAL profit-normal profit

=60000-50000

Answer =10000

Hope its help :)))



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