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    Question

    Direction (11-14)- Read the following information to answer the questions below: 

    Calculate Net Profit Ratio:

    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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