Q2279
Given, Net Profit after tax Rs. 3,25,000 Rate of Income tax 50% 12.5% convertible debentures of Rs. 100 each Rs. 4,00,000 Fixed assets (at cost) Rs. 12,30,000 Depreciation up-to-date Rs. 2,30,000 Current assets Rs. 7,50,000 Current liabilities Rs. 3,50,000 Return on Investment is
Given,
Return on Investment is
| Net Profit after tax | Rs. 3,25,000 |
| Rate of Income tax | 50% |
| 12.5% convertible debentures of Rs. 100 each | Rs. 4,00,000 |
| Fixed assets (at cost) | Rs. 12,30,000 |
| Depreciation up-to-date | Rs. 2,30,000 |
| Current assets | Rs. 7,50,000 |
| Current liabilities | Rs. 3,50,000 |
Return on Investment is
A.
25%
B.
30%
C.
40%
D.
50%
AnswerAnswer: Option D
Solution
Answer: Option D
No explanation is given for this question Let's Discuss on Board