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If sales is Rs 5,00,000 and net profit is Rs 1,20,000 Net Profit ratio is

A. 24%

B. 416%

C. 60%

D. None of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above