Revenue from Operations Rs 4,00,000; Cost of Revenue from Operations 60% of Revenue from Operations; Operating expenses Rs 30,000 and - Accountancy - Accounting for Partnership Basic Concepts

Question

Revenue from Operations Rs 4,00,000; Cost of Revenue from
Operations 60% of Revenue from Operations; Operating expenses Rs
30,000 and rate of income tax is 40% What will be the amount of
profit after tax?

Mohit · Accepted Answer

Dear Student,
Here is your answer,

(Tikshika you did all right but at last you did a little
mistake)
<img alt="" src=
"https://s3mn%20mnimgs%20com/img/shared/content_ck_images/ck_5ea272ca2422b%20jpg">
Regards

Revenue from Operations Rs.4,00,000; Cost of Revenue from Operations 60% of Revenue from Operations; Operating expenses Rs.30,000 and rate of income tax is 40%. What will be the amount of profit after tax?