Cave Ltd. made a profit of Rs. 1,50,000 after charging depreciation of Rs. 30,000 on assets and a transfer to general reserve of Rs. 30,000. The Goodwill amortised was Rs. 9,000 and gain on sale of machinery was Rs. 5,000. Operating profit before working capital changes will be :

Question

Option 1: Rs. 1,50,000

Option 2: Rs. 1,80,000

Option 3: Rs. 2,14,000

Option 4: Rs. 2,19,000

AfterBoards · Accepted Answer

The answer is 'Rs. 2,14,000'. View full solution:

CUET Accountancy 2023 11 June Shift 3 PYQs

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