What will be the net profit ratio of the company, if the net profit is ₹3,50,000 and the revenue from operations is ₹20,00,000?
Answer & explanation
Correct answer: option 1
The correct answer is option 1- 17.5%.
Net Profit Ratio = Net profit/Revenue from Operations × 100
= 3,50,000/ 20,00,000 X 100
= 17.5%