PSEB SS Accountancy Practice Questions - Punjab School Education Board (PSEB) Senior Secondary Accountancy (Class 12 - Accountancy Elective, Subject Code 142) Exam

Normal rate of return is 12%. Capital employed is ₹8,00,000. Average profit is ₹1,20,000. Super profit is:

₹24,000 ₹1,20,000 ₹96,000 ₹14,400

Correct Answer:

₹24,000

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