Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

A trader gave the information below: cost of sales $80\,000$ expenses $4\,000$ profit for the year $16\,000$ What is the profit margin?

  • A$16\%$
  • B$20\%$
  • C$21.05\%$
  • D$26.67\%$

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