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Question
A company with a paid up Capital of 5,000 equity shares of Rs.10 each has a turnover of four times with a margin of 8% on sales.
The ROI of the company will be______.
A company with a paid up Capital of 5,000 equity shares of Rs.10 each has a turnover of four times with a margin of 8% on sales.
The ROI of the company will be______.
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Solution
The correct option is B 32%
ROI= margin of 8% on sales * 4 = 32%
ROI= margin of 8% on sales * 4 = 32%
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