XYZ. Ltd. books of accounts show profit from operation (EBDIT) at ₹500 Lakh. It paid 12% on a debt of 1,000 Lakh. Depreciation is ₹100 Lakh and Tax is 35%, PAT will be :

CS Executive · Corporate and Management Accounting · PYQS · June 2021
XYZ. Ltd. books of accounts show profit from operation (EBDIT) at ₹500 Lakh. It paid 12% on a debt of 1,000 Lakh. Depreciation is ₹100 Lakh and Tax is 35%, PAT will be :
(A) ₹184 Lakh
(B) ₹182 Lakh
(C) ₹178 Lakh
(D) ₹180 Lakh

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Management Accounting

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