If a business spends for ₹1,00,000 as

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Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

If a business spends for ₹1,00,000 as capital and takes loan of ₹50,000 from bank. It earns ₹15,000 as net profit. Find ROI.

Options:

10%

20%

$33\frac{1}{3}$%

40%

Correct Answer:

10%

Explanation:

The correct answer is option (1) - 10%