Cash Revenue from operations was 2,50,000 and Credit Revenue from operation was 60% of Revenue from operations. Gross Profit is 25% of Cost of Revenue from operations. Operating Expenses amounted to * 12,500 and Non-Operating Expenses amounted to * 18,750. Then Operating Profit Ratio will be? (A) 20% (B) 18% (C) 15% (D) 82%
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Answer:
A) 20%
Explanation:
This the correct answer
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