There are two statements marked as Assertion (A) and Reason (R). Mark your answer as per the options given below.

Assertion (A):  Super profit is the excess of average profit over normal profit.
Reason (R):  Normal profit can be calculated through average profit.

Assertion (A) is true, but Reason (R) is False

The excess of actual profits over the normal profits is termed as super profits.
Normal Profit = Firm’s Capital × Normal Rate of Return/100
Firms' capital includes partners' capital and reserves and surplus but excludes fictitious assets and goodwill.