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Commerce · Q2241

Accounting

Graduate and Post Graduate · Commerce · question 2241

Q2241

If sales is Rs. 8,00,000, cost of sales is Rs. 4,80,000 and indirect expenses is Rs. 1,20,000, then the net profit ratio will be:

A.
15%
B.
20%
C.
25%
Answer
D.
30%

Answer: Option C

Solution

Answer: Option C
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