Practice

Questions

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CUET

Direction (Q46. to Q50.) Read the following information carefully and answer the question. The Balance Sheet of ABC Ltd as at 31 March 2022:- Liabilities Share capital: Equity (₹. 10): 4,00,000 12% preference shares: 1,00,000 General Reserve: 1,84,000 10% Debentures: 4,00,000 Current Liabilities: 1,00,000 Total: 11,84,000 Assets Fixed Assets: 9,50,000 Current Assets: 2,34,000 Total: 11,84,000 Additional information: 1. Market price of share = ₹34 2. Net profit after tax = 1,50,000 3. Tax = 50,000 Q46. The return on investment will be: (a) 35.07% (b) 26.67% (c) 17.50% (d) 22.14%