Teaching EMRS Accountant Mock Test 2023 Accountancy Corporate Accounting

A Marginal Liability Company has made sales of ₹40 lacs in a financial year. If its variable cost is 70%, fixed cost is ₹8 lacs and interest is ₹2 lacs, then what will be it's earning before tax?

1

₹ 12 lacs

2

₹ 10 lacs

3

₹ 2 lacs

4

₹ 6 lacs

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