Naeema gave the following figures: revenue: 28 000 gross profit: 11 900 profit for the year: 3 500 What profit margin did she achieve?
- A12.5%
- B29.4%
- C30.0%
- D42.5%
Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios
Naeema gave the following figures: revenue: 28 000 gross profit: 11 900 profit for the year: 3 500 What profit margin did she achieve?