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Question
Following information has been obtained from the statement of Profit and Loss of a Company:
Revenue from Operations - ₹ 20,00,000, cost of materials consumed - ₹ 8,00,000, Employees benefit expenses - ₹ 20,000, Finance cost - ₹ 5,000, Depreciation - ₹ 25,000.
Its Profit before tax will be:
Options
₹ 12,00,000
₹ 11,80,000
₹ 11,75,000
₹ 11,50,000
MCQ
Solution
₹ 11,50,000
Explanation:
| ₹ | ||
| Revenue from Operations | 20,00,000 | |
| Less: Cost of Material consumed | ₹ 8,00,000 | |
| Employees Benefit Expenses | ₹ 20,000 | |
| Finance Cost | ₹ 5,000 | |
| Depreciation | ₹ 25,000 | 8,50,000 |
| 11,50,000 |
shaalaa.com
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