Mathematics · Aptitude
A bank's total Interest Earned (Schedule 13) is 25,00,00,000, and its total Interest Expended (Schedule 15) is 15,00,00,000. The Operating Expenses (Schedule 16) are 5,00,00,000. During the year, the bank incurred a net loss on the sale of investments of 2,00,00,000 (which is adjusted as a deduction in Schedule 14 - Other Income). What is the bank's Profit Before Provisions and Tax (Operating Profit)?
- 18,00,00,000
- 27,00,00,000
- 33,00,00,000✓
- 45,00,00,000
Correct answer
3,00,00,000
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