Practicing Success
A company made a profit of ₹1,00,000 after charging a Depreciation of ₹20,000 and a transfer to a General Reserve of ₹30,000. The goodwill written off of ₹7,000 and the gain on the sale of Machinery was ₹3,000. |
Calculate the net profit before tax. |
₹130000 ₹100000 ₹70000 ₹157000 |
₹130000 |
Profit made during the year = 100000 |