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 details shown below. revenue: 80 000 gross profit: 20 000 expenses: 12 000 What is the profit margin?

  • A10%
  • B15%
  • C25%
  • D40%

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