The correct answer is: C. Rs. 14,90,000
Funds from operations (FFO) is a measure of a company’s cash flow from its operating activities. It is calculated by adding back non-cash expenses, such as depreciation and amortization, to net income.
In this case, the net profit of Rs. 15,00,000 includes a profit on sale of an asset of Rs. 20,000 and depreciation of Rs. 10,000. Therefore, the funds from operations are calculated as follows:
FFO = Net income + Depreciation + Amortization
= Rs. 15,00,000 + Rs. 10,000 + Rs. 20,000
= Rs. 14,90,000
Option A is incorrect because it is the same as the net profit. Option B is incorrect because it includes the profit on sale of an asset, which is a non-cash item. Option D is incorrect because it subtracts the depreciation, which is a non-cash item.