Vidyalelo
Management · Q281

Management Accounting

Graduate and Post Graduate · Management · question 281

Q281

If gross margin is 6000 and total revenue is 26000, then gross margin percentage will be

A.
23.08%
Answer
B.
24.08%
C.
25.08%
D.
26.08%

Answer: Option A

Solution

Answer: Option A
Solution:
Gross margin percentage = Gross margin ÷ Total revenue × 100
= 26000 = 23.08%
PreviousNext
All Management Accounting questions