You have newly started a restaurant business with Rs 20,00,000 of which Rs 12,00,000 is debt fund; Sales, Rs 10,00,000; Gross Profit, Rs 4,00,000 and expenses, Rs 2,00,000.
Return on Equity for the firm will be-
Return on Equity for the firm will be-
Answer & explanation
Correct answer: option 4
A detailed explanation for this question is coming soon.