The Following data is available for ABC Ltd$.$:

$$ Sales: Rs$.3,00,000$

Less Variable cost@ $30\%$ of sales

Contribution$=2,10,000$

Less Fixed Cost: $1,00,000$

EBIT $=1,10,000$

Less Interest: $10,000$

$$

Profit Before Tax $=1,00,000$

Find out:

$($i$)$ Using the concept of financial leverage, calculate by what percentage will be the taxable income

increase if EBIT increases by $5\%.$

$($il$)$ Using the concept of operating leverage, calculate by what percentage will EBIT increases if there

is $10\%$ increase in sales, and

$($i$)$ Using the concept of combined leverage, calculate by what percentage will be the taxable income

increase if sales increase by $5\%.$ Also verify the result in view of the above figures.