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
Answer & explanation
Correct answer: option 2
The correct answer is option (2) - ₹2,50,000
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
Correct answer: option 2
The correct answer is option (2) - ₹2,50,000