"A firm's Capital Employed is of Rs 1,00,000
and the profit is of Rs 45,000. Normal Rate of profit for
similar kind of business is 20 %. Super Profit for the firm would be-"
Answer & explanation
Correct answer: option 1
"A.P = 45,000
N.P = 1,00,000 * 20% = 20,000
S.P = AP - NP = 45,000 - 20,000
25,000"
N.P = 1,00,000 * 20% = 20,000
S.P = AP - NP = 45,000 - 20,000
25,000"