1004. Cost of process Rs1,60,000 and profit to be charged on the transfer price is 20% What is the inter process profit?

By /
Rs 32,000
Rs 40,000
Rs 48,000
Rs 54,000
✅ The correct answer is B.
Inter process profit
= (160000 / (100% – 20%) – 160000)
= 200000 – 160000 = Rs. 40000.

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