alleryStart learning →An entity's accounting profit is Rs. 2,500 and the domestic rate is 30%. Tax at the domestic rate is:
ARs. 750
BRs. 250
CRs. 900
DRs. 625
Answer & Solution
Correct answer: A. Rs. 750
2,500 multiplied by 30% equals Rs. 750, the first line of the reconciliation.
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