Given below are the extracts of information from Financial statements of Zucca Ltd. Particular 2020-21 2021-22 Equities and Liabilities Share holder's funds Reserve and Surplus (Statement of Profit and Loss) 4,00,000 7,00,000 Current liabilities :- Dividend Payable 40,000 Calculate amount of Net Profit after tax, if an interim dividend of ₹ 2,00,000 was declared and paid.

Question

Given below are the extracts of information from Financial statements of Zucca Ltd. Particular 2020-21 2021-22 Equities and Liabilities   Share holder's funds     Reserve and Surplus (Statement of Profit and Loss) 4,00,000 7,00,000 Current liabilities :- Dividend Payable   40,000 Calculate amount of Net Profit after tax, if an interim dividend of ₹ 2,00,000 was declared and paid.

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₹ 5,00,000

The Correct Option is B

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Particular	2020-21	2021-22
Equities and Liabilities
Share holder's funds
Reserve and Surplus (Statement of Profit and Loss)	4,00,000	7,00,000
Current liabilities :- Dividend Payable		40,000