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    • Question

      A firm’s gross profit is ₹50 lakh, sales are ₹2

      crore. What is its gross profit margin?
      A 20% Correct Answer Incorrect Answer
      B 25% Correct Answer Incorrect Answer
      C 30% Correct Answer Incorrect Answer
      D 15% Correct Answer Incorrect Answer

      Solution

      GPM = (Gross Profit ÷ Sales) × 100 = (50L ÷ 200L) × 100 = 25%

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