If a company's ROI is 7.8% and total investment is ₹30 lakhs, then what will be EBIT ?

₹2,34,000

The correct answer is option (3) : ₹2,34,000

To calculate EBIT (Earnings Before Interest and Taxes) from ROI (Return on Investment) and total investment, you can use the following fornula :

EBIT : ROI * Total Investment

Given :

ROI = 7.8%

Total Investment = 30 lakhs

First, convert the ROI from a percentage to a decimal:

ROI = 7.8% =0.078 (in decimal form)

Now, calculate EBIT :

EBIT = 0.078 * 3000,000

EBIT = 2,34,000

SO, EBIT is 2,34,000,which corresponds to option (3)