| Net Profit after Interest and Tax | 1,20,000 |
| Rate of Income Tax | 50% |
| 12% Debentures | 1,00,000 |
| 10% Mortgage Loan | 1,00,000 |
A) 11.91 times
B) 21 times
C) 25 times
D) 6.45 times
Correct Answer: A
Solution :
11.91 times
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