Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:
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-
Options:
50%
20%
125%
25%
Correct Answer:
25%