Examveda
Examveda

Given,
Net Profit after tax Rs. 3,25,000
Rate of Income tax       50%
12.5% convertible debentures of Rs. 100 each Rs. 4,00,000
Fixed assets (at cost) Rs. 12,30,000
Depreciation up-to-date Rs. 2,30,000
Current assets Rs. 7,50,000
Current liabilities Rs. 3,50,000

Return on Investment is

A. 25%

B. 30%

C. 40%

D. 50%

Answer: Option D


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