Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

From the following detail calculate Gross Margin :

Sales Revenue - ₹6,00,000

Fixed Expenses - ₹2,00,000

Less Cost of Goods sold - ₹3,50,000

Options:

₹50,000

₹2,50,000

₹4,00,000

₹6,00,000

Correct Answer:

₹2,50,000

Explanation:

The correct answer is option (2) - ₹2,50,000