Q1239
A firm has Capital of Rs. 10,00,000; Sales of Rs. 5,00,000; Gross Profit of Rs. 2,00,000 and Expenses of Rs. 1,00,000. What is the Net Profit Ratio?
A.
20%
AnswerB.
50%
C.
10%
D.
40%
Answer: Option A
Solution
Answer: Option A
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