Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios

Calculation and understanding of accounting ratios — practice question

By the end of the financial year, a trader gave the information shown below. Revenue: $80\,000$ Gross profit: $20\,000$ Expenses: $12\,000$ What profit margin was achieved?

  • A10%
  • B15%
  • C25%
  • D40%

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