Advertisements
Advertisements
प्रश्न
Profit after tax amounted to ₹ 6,00,000, and tax rate was 20%. If earnings before interest and tax was ₹ 10,00,000 and Nominal Value of Debentures amounted to ₹ 25,00,000 (assuming the only debt of the company), determine the rate of interest on debentures.
संख्यात्मक
उत्तर
Tax = `6,00,000 xx 20/80` = ₹ 1,50,000
Net Profit Before Interest & Tax = Profit after Tax + Tax + Interest
10,00,000 = 6,00,000 + 1,50,000 + Interest
10,00,000 = 7,50,000 + Interest
Interest = ₹ 2,50,000
Interest on Debentures = `("Nominal value of Debentures" xx "Rate of Interest")/100`
`2,50,000 = (25,00,000 xx "Rate of Interest")/100`
25,000,000 = 25,00,000 × Rate of Interest
`(25,000,000)/(25,00,000)` = Rate of Interest
∴ Rate of Interest (R) = 10%
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
