Average Profits =

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Total Profits + Number of years

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Total Profits X Number of years

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Total Profits/Number of years

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
Total Profits/Number of years

Average Profits = Total Profits / Number of years

Suggest Corrections

Similar questions

While calculating goodwill by weighted average profits methods, total profits multiplied by weights are divided by___

Weighted Average Profit =

Profits of last four years are 12,000, 16,000, 23,000, 27,000 respectively. Calculate goodwill based on average profits of 2 years purchase

Join BYJU'S Learning Program