Question : The table given below represents the cost, revenue, and tax rate for XYZ Limited for a period of 8 years. Cost and Revenue are given in INR '000 crore.
Profit for any year = Revenue – Cost Profit after tax for any year = profit of that year – tax of that year Tax on any year = tax rate of that year $×$ profit of the year Which of the following is correct about profit after tax for years Y2, Y6, and Y8?
Option 1: Y8 > Y6 = Y2
Option 2: Y6 > Y2 > Y8
Option 3: Y8 > Y6 > Y2
Option 4: Y6 = Y8 > Y2
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Correct Answer: Y8 > Y6 > Y2
Solution : Here all amounts are in 1000 crore. For Y2, the profit (before taxes) is 1100 – 850 = 250 After taxes, profit is calculated as: profit $×$ (1 – $\frac{\text{tax %}}{100}$) = 250 $×$ (1 – $\frac{22}{100}$) = 250 $×$ 0.78 = 195 For the Y2, the profit after taxes is 195. For Y6, the profit (before taxes) is 1500 – 1200 = 300 For Y6, profit after taxes = 300 $×$ (1 – $\frac{30}{100}$) = 300 $×$ 0.7 = 210 For Y8, the profit (before taxes) is equal to 1850 – 1400 = 450 For Y8, the profit after taxes = 450 $×$ (1 –$\frac{13}{100}$) = 450 $×$ 0.87 = 391.5 So, the profit for Y8 > Y6 > Y2 Hence, the correct answer is Y8 > Y6 > Y2.
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Question : The table given below represents the cost, revenue, and tax rate for XYZ Limited for a period of 8 years. Cost and revenue are given in INR '000 crore.
Question : The table given below represents the cost, revenue, and tax rate for XYZ Limited for a period of 8 years. Cost and revenue are given in crores.
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