alleryStart learning →Profits total Rs 240 lakh, losses Rs 310 lakh. Profit test threshold?
ARs 31 lakh
BRs 24 lakh
CRs 55 lakh
DRs 7 lakh
Answer & Solution
Correct answer: A. Rs 31 lakh
The threshold is 10% of the greater absolute figure, which is the Rs 310 lakh loss, giving Rs 31 lakh.
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