Question

ABP Ltd. shows Revenue from
operations Rs. 41,00,000, Other
income Rs.2,60,000 and Total
expenses amounted to Rs.24,07,000.
Profit before tax will be:

A) Rs.26,67,000

B) Rs.19,53,000

C)Rs.43,60,000​

Answer 1

Total Income = Revenue From Operations + Other Income

= 41,00,000 + 2,60,000

= ₹43,60,000

Profit before Tax = Total Income - Total Expenses

= 43,60,000 - 24,07,000

= ₹19,53,000

Therefore, (B) ₹19,53,000 is the correct option.