Read the following information and answer the questions.

Calculate the profit before tax in the year 2024.

₹8,84,000

The correct answer is option 1- ₹8,84,000.

Revenue from operations = 25,00,000
Other income = 1,00,000
Total income = 25,00,000 + 1,00,000
                    = 26,00,000

Employee benefit expenses = 60% of total revenue
                                             = 26,00,000 x 60/100
                                             = 15,60,000

Other expenses = 10% of employee benefit expenses
                          = 15,60,000 x 10/100
                          = 1,56,000

Total expenses = 15,60,000 + 1,56,000
                         = 17,16,000

Profit before tax = Total income - Total expenses
                          = 26,00,000 - 17,16,000
                          = 8,84,000