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If the tax due is 42,500 $ and tax rate was 15% please calculate net profit befor tax ?

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Question added by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY
Date Posted: 2014/11/13
Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

The answer is283,334/-

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

 

NET PROFIT =283333.34$ 

 

Arif Dadani
by Arif Dadani , Finance Manager , Dandy Company Ltd

283333 is the npbt

profit before tax is283333.3333

Saleem Khatri
by Saleem Khatri , Head of Finance , Berger Paints International

Net Profit before Tax is $283,333.33

 

Calculation: ($42500 x100) divide by15 =283,333.33

 

Asim Azaldeen Abdalrahman Mhammed
by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

Very good agreed with u

Abdallah Abu Zeyad CMA
by Abdallah Abu Zeyad CMA , Finance Account Manager , Toyota - Abdul Latif Jameel Motors - KSA

All colleagues answer is correct.

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

Net profit before tax - tax = Profit after tax

Net profit before tax *100 =42500 \\15 =283333

Profit before tax283333 =

Sayed Kashif Gillani
by Sayed Kashif Gillani , Stenographer/Personal Assistant , Central Design Office

the profit before deducting tax is283334

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