Question
A company’s revenue is Rs. 2.4 million and expenses are Rs. 1.8 million. What is profit as a percentage of revenue?
Select an option. Your answer will be checked instantly.
Correct Answer: D. 25%
Explanation:
Profit is Rs. 0.6 million.
As a percentage of revenue, 0.6/2.4 × 100 = 25%.
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