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)  
    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%

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