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A firm earns Rs. 18,000 on capital of Rs. 1,50,000 at a normal rate of 10%. Super profit?
ARs. 1,500
BRs. 15,000
CRs. 18,000
DRs. 3,000
Answer & Solution
Correct answer: D. Rs. 3,000
Normal profit is 15,000, so super profit is 18,000 minus 15,000 = 3,000.
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