Question

information given by a company
Total assets turnover
Net profit margin
Total assets
The net profit is....?
(A) Rs. 10,000
(C) Rs. 25,0003 times
10%Rs. 1,00,000(B) Rs. 15,000
(Rs. 30,000​

Answer 1

Answer:

30000

Explanation:

Total assets = 100000

Total asset turn over = 3times

Total asset turn over = net sales/total assets

Net sales = Total asset turnover * total asset

Net sales = 3 * 100000 = 300000

Net profit = net sales * 10%

NP = 300000 × 10% = 30000

NET PROFIT = 30000