Question
If revenue from operations is Rs.60,00,000 Gross Profit
ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the operating Profit?Solution
Operating profit = Gross Profit – Operating expenses Gross Profit = Sales *Gross Profit ratio 60,00,000 *60% = 36,00,000 So, operating profit = 36,00,000 – 4,00,000 = 32,00,000
Under the Indian Easements Act, 1882, which of the following correctly defines an "Easement"?
Doctrine of part performance as per Section 53 A of transfer of Property Act does not affect the______?
In which of the following secondary evidence relating to a document cannot be given______
Twelfth Schedule of the Constitution of India deals with_______.
The accounts of LIC shall be audited by:Â
Under Section 174 of the Companies Act, 2013, what is the quorum required for a Board Meeting?
What are the key elements of the true test of Partnership according to the Partnership Act?
Which section of the Companies Act delas with the provisions of Investor Education & Protection Fund?
Consider the following statements regarding the role of Financial Intelligence Unit (FIU) under PMLA:
Statement 1: FIU receives Suspicious Transa...
The "Golden Rule" of interpretation of statutes is also known as:Â
Relevant for Exams:
