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    Praveen Kumar Roy
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    This document contains calculations related to income and expenses from yellow sand mining in Bihar, India. It details the mineral area in hectares, volume in cubic feet, tonnage extracted, market rates, income generated, expenses like royalties and taxes, investment amount, interest, gross and net profits, and concludes that the net annual profit from the mining project is 6,209,025 Indian rupees.

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    This document contains calculations related to income and expenses from yellow sand mining in Bihar, India. It details the mineral area in hectares, volume in cubic feet, tonnage extracted, market rates, income generated, expenses like royalties and taxes, investment amount, interest, gross and net profits, and concludes that the net annual profit from the mining project is 6,209,025 Indian rupees.

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    © All Rights Reserved
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    6 views1 page

    Yellow

    Uploaded by

    Praveen Kumar Roy
    This document contains calculations related to income and expenses from yellow sand mining in Bihar, India. It details the mineral area in hectares, volume in cubic feet, tonnage extracted, market rates, income generated, expenses like royalties and taxes, investment amount, interest, gross and net profits, and concludes that the net annual profit from the mining project is 6,209,025 Indian rupees.

    Copyright:

    © All Rights Reserved
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    Bussiness Calculation

    Yellow Sand mining in Bihar

    Income Calculation
    Mineral Type Unit ( in Ha) Sq. M Cum Tonnes M.R. (75%) CFT Amount (Rs.)
    Yellow Sand 1 10000 30000 56700 42525 978075
    Market Value Rs. 40 per cft 39,123,000.00
    Less: 40% wages, machineries, fare, transportation & others Rs. 15 per cft 14,671,125.00
    Net Income (A) 24,451,875.00

    Expenses & Investment


    Head Amount (Rs.)
    Reserve Price (approx.) 750,000.00
    Royality (@10 per CFT) 9,780,750.00
    Cess/ Other charges (@5 per cft.) 4,890,375.00
    Total (B) 15,421,125.00

    Gross Profit (A-B) 9,030,750.00


    Less: Interest on Investment 112,500.00
    Total 8,918,250.00
    Less: Income Tax ( 30% of GP) 2,709,225.00
    Net Profit 6,209,025.00

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