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On the basis of following data, a Compan...

On the basis of following data, a Company's Gross Profit Ratio will be :
Net Profit Rs. 40,000, Office Expenses Rs. 20,000, Selling Expenses Rs. 36,000, Total revenue from operations Rs. 6,00,000.

A

`16%`

B

`20%`

C

`6.67%`

D

`12.5%`

Text Solution

Verified by Experts

The correct Answer is:
A
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