Read the following information and answer the questions.

What is the amount of other expenses in the year 2023?

₹2,50,000

The correct answer is option 3- ₹2,50,000.

Revenue from operations in year 2023 = 20,00,000
Other income in year 2023 = 5,00,000

Total income = Revenue from operations + Other income
                     = 20,00,000 + 5,00,000
                     = 25,00,000

Employee benefit expenses = 50% of total revenue
                                             = 50 x 25,00,000/100
                                              = 12,50,000

Other expenses = 20% of employee benefit expenses
                          = 12,50,000 x 20/100
                          = 2,50,000