Question
A company had EBIT of Rs.3,70,000. The interest expense
was Rs.45,000. The tax rate is 30%. The company paid Rs.31,000 dividend. What is the retention ratio of the firm?Solution
Retention ratio = (net profit β dividend) / net profit Retention ratio = ( EBIT β interest β tax β dividend) / net profit Retention ratio = (370000 β 45000 β 97,500 β 31,000) / 2,27,500 Β Retention ratio = 86.37%
A 540-metre long train takes 9 seconds to cross a pole. If it takes 33 seconds to cross a bridge, then find the length of the bridge. (in km)
A 360 m long train crosses a platform twice its length in 2 min. Find the speed of the train.
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