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 ...

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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

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0.6

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0.3

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0.9

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None of these

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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].

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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].