Question

Calculate the EBIT of the company given the following details: Sales: ₹20,00,000  Cost of Goods Sold: ₹14,00,000  Operating Expenses: ₹3,00,000  Interest: ₹50,000  Tax Rate: 30% 

A ₹1,75,000
B ₹1,40,000
C ₹1,35,000
D ₹1,20,000
E ₹3,00,000
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