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Question

Profit before depreciation and the amount of depreciation of Jaipur Pvt. Ltd. for two years are:
YearProfit before DepreciationDepreciation
$$2013-14$$Rs  $$(-)20,000$$Rs $$15,000$$
$$2014-15$$Rs $$1,00,000$$Rs $$20,000$$
The amount of divisible profit for the year $$2014-15$$ is _________.


A
Rs.65,000
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B
Rs.60,000
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C
Rs.85,000
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D
Rs.80,000
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Solution

The correct option is A $$Rs.65,000$$
Calculation of 'Divisible Profit' for the year $$2014-15$$ is
= Rs$$1,00,000$$ - (Rs$$20,000$$ + Rs$$15,000$$)
= Rs$$1,00,000 - Rs$$35,000
= Rs$$65,000$$

Mathematics

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