New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    Refer to the following information to answer the next 4 questions (Q5 to Q8)  

    What will be the net profit ratio of the company, as per

    the above information, for the year ended 31 March 2020?
    A 14.0% Correct Answer Incorrect Answer
    B 16.6% Correct Answer Incorrect Answer
    C 16.8% Correct Answer Incorrect Answer
    D 40.8% Correct Answer Incorrect Answer
    E 42.0% Correct Answer Incorrect Answer

    Solution

    Net profit ratio = Net profit/ sales *100                         = 84,000/5,00,000 *100                         = 16.8%

    Practice Next