Practicing Success
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 |
₹50,000 ₹2,50,000 ₹4,00,000 ₹6,00,000 |
₹2,50,000 |
The correct answer is option (2) - ₹2,50,000 |