The correct options are A 0.45 E None of theseProfit after tax on account of corporate travel = #160;50100X11=5.550100X11=5.5Income=28100X43=12.04Income=28100 ...

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Operating Profit Ratio

If 50

Question

If 50% of the profits after tax for the year 1995 was on account of Corporate Travel, then the ratio of the profit after tax to income for Corporate Travel would be:

0.45

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

0.6

No worries! We‘ve got your back. Try BYJU‘S free classes today!

0.3

No worries! We‘ve got your back. Try BYJU‘S free classes today!

0.9

No worries! We‘ve got your back. Try BYJU‘S free classes today!

None of these

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct options are
A 0.45
E None of these
Profit after tax on account of corporate travel = 50100X11=5.5
Income=28100X43=12.04
∴ Required ratio =5.512.04=0.45.
Hence, [a].

Suggest Corrections

Similar questions

Q. The taxes on the profits of companies and corporates having businesses in India are called as corporate tax. Even foreign companies are charged tax on the income they earn in India.

The corporate tax rates for these companies are as follows:

Turnover	Indian companies	Foreign companies
Less than ₹50 crore	25%	40%
More than ₹50 crore	30%	40%

Identify the taxation system followed for the corporate tax.

Q. Taxes levied on personal income, profits of the corporate, wealth and property is termed as ________ tax.

Q. Select the correct one/ones about 'net income' of a corporate body - by using code given below:
1. It is the balance of a company's total income and its total expenditure.
2. The profit of a company after paying corporate tax.

Income tax, corporate tax, inheritance tax etc. are incident on the person or organisation. These taxes are called:

Q. Other things remaining the same, an increase in the tax rate on corporate profits will ____________.

Join BYJU'S Learning Program

If 50% of the profits after tax for the year 1995 was on account of Corporate Travel, then the ratio of the profit after tax to income for Corporate Travel would be:

The correct options are A 0.45 E None of theseProfit after tax on account of corporate travel = 50100X11=5.550100X11=5.5Income=28100X43=12.04Income=28100X43=12.04∴∴ Required ratio =5.512.04=0.455.512.04=0.45.Hence, [a].

The correct options are
A 0.45
E None of these
Profit after tax on account of corporate travel = 50100X11=5.5
Income=28100X43=12.04
∴ Required ratio =5.512.04=0.45.
Hence, [a].