Practicing Success
Practicing Success
CUET Preparation Today
Rahul has equity stake of ₹80,000 in a grocery business. He has borrowed ₹1,20,000 at 10% pa. He made a net profit of ₹40,000 in one year. What will be Return on Equity for Rahul ? |
20% 25% 40% 50% |
50% |
The correct answer is option (4) – 50% |
