Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if sales is rs 10,00,000, sales returns is rs 50,0

If sales is Rs 10,00,000, sales returns is Rs 50,000, Profit Before Tax is Rs...

90.2K

Verified Solution

Question

Accounting

If sales is Rs 10,00,000, sales returns is Rs 50,000, Profit Before Tax is Rs 2,00,000, Income tax is 40%, Net profit ratio is

Select one:

a. 20%

b. 10%

c. 12.63%

d. 50%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students