Question
What will be the net profit ratio of the company, as per
the above information, for the year ended 31 March 2020? Refer to the following information to answer the next 4 questions (Q5 to Q8) ÂSolution
Net profit ratio = Net profit/ sales *100 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â = 84,000/5,00,000 *100 Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â = 16.8%
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