Question

Calculate the profit margin of this business. Fill in the highlighted box.

Fruit sales
Total income (Rs.) 500,000

Total expenses (Rs.) 400,000

Profit (Rs.) 100,000

Profit magin (%) ??

Help!​

Answer 1

Answer:

25%

Step-by-step explanation:

Given:

Profit = Rs. 100,000

Total Expenses= Rs. 400,000

Now Profit Margin %= $\frac{Profit}{Total expenses}$ * 100 %

                                 = $\frac{100,000}{400,000}$ * 100 %

                                = 25 %

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