Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:
If Rajlaxmi spends Rs. 2,00,000 to open a grocery shop and earns a net profit of Rs. 40,000 in one year, then the annual return on investment will be:
Options:
22%
18%
18%
500%
Correct Answer:
18%