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 How much tax (in INR '000 crore) was paid by XYZ Limited in Y7?
Option 1: 90
Option 2: 99
Option 3: 118.8
Option 4: 126
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Correct Answer: 118.8
Solution : For Y7, the profit (before taxes) = 16,00,000 crore – 12,40,000 crore = 3,60,000 crore The amount of tax paid for Y7 is calculated as: profit × $\frac{\text{tax %}}{100}$ = $360000 × \frac{33}{100} = 360000 × 0.33$ = INR 118800 crore Hence, the correct answer is 118.8.
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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.
Question : Refer to the following data table and answer the question.
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