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.
| Year | Revenue | Cost | Tax rate |
| Y1 | 800 | 600 | 20% |
| Y2 | 1100 | 850 | 22% |
| Y3 | 1200 | 900 | 22% |
| Y4 | 1200 | 950 | 25% |
| Y5 | 1350 | 1050 | 30% |
| Y6 | 1500 | 1200 | 30% |
| Y7 | 1600 | 1240 | 33% |
| Y8 | 1850 | 1400 | 15% |
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 $\times$ profit of the year
How many distinct values of yearly profit are there?
Option 1: 3
Option 2: 4
Option 3: 5
Option 4: 6
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Correct Answer: 5
Solution :
Here all amounts are in thousands of crores of INR
Profit (before tax) for Y1, 800 – 600 = 200
Profit (before tax) for Y2, 1100 – 850 = 250
Profit (before tax) for Y3, 1200 – 900 = 300
Profit (before tax) for Y4, 1200 – 950 = 250
Profit (before tax) for Y5, 1350 – 1050 = 300
Profit (before tax) for Y6, 1500 – 1200 = 300
Profit (before tax) for Y7, 1600 –1240 = 360
Profit (before tax) for Y8, 1850 – 1400 = 450
There are 5 distinct values.
Hence, the correct answer is 5.
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