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      Question

      Calculate Net Profit Ratio:

      Direction (11-14)- Read the following information to answer the questions below:Β 
      A 40.6% Correct Answer Incorrect Answer
      B 12.3% Correct Answer Incorrect Answer
      C 16% Correct Answer Incorrect Answer
      D 8.5% Correct Answer Incorrect Answer
      E 35.3% Correct Answer Incorrect Answer

      Solution

      Net profit ratio = 2,46,400/20,00,000 x 100 = 12.3%

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