A firm has a capital of Rs. 10 lakhs, sales of Rs. 5 lakhs, gross prof – McqOptions

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1.	A firm has a capital of Rs. 10 lakhs, sales of Rs. 5 lakhs, gross profit of Rs. 2 lakhs and expenses of Rs. 1 lakh. The Net Profit Ratio is:
A.	50%
B.	40%
C.	20%
D.	10%
Answer» D. 10%

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