Instructions
The table given below represents the cost, revenue and tax rate for XYZ Limited for a period of 8 years. Cost and revenue are given in Rs '000 crores.
Profit for any year = revenue — cost
Profit after tax for any year = profit of that year - tax of that year
tax on any year = tax rate of that year x profit of that year
Question 99
How many distinct values of yearly profit are there?
Solution
Profit of company (in Rs '000 crores) in year :
Year 1 = 800 - 600 = 200
Year 2 = 1100 - 850 = 250
Year 3 = 1200 - 900 = 300
Year 4 = 1200 - 950 = 250
Year 5 = 1350 - 1050 = 300
Year 6 = 1500 - 1200 = 300
Year 7 = 1600 - 1240 = 360
Year 8 = 1850 - 1400 = 450
There are 5 distinct values = 200, 250, 300, 360, 450
=> Ans - (C)
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