Accountancy, asked by shaikhbushra1996, 8 months ago

8.
Profit margin (net) of B.S. Ltd., is 7% while turnover is 3
times of its capital. The return on investment of the concern
is ......
(a) 20%
(c) 21%
(b) 18%
(d) 19%​

Answers

Answered by rupatejaswi
1

Answer:

(d) 19%

Explanation:

Its only my guess

Answered by vinod04jangid
0

Answer:

The return on investment of the concern is 21%

Step by step answer:

The return on investment of the concern is calculated as:

Profit margin * Times of capital

= 7% * 3

= 21%

Hence, we can conclude by saying that the answer is 21%

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