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Detailed explanation and options for the selected question.
If a company’s net profit margin is 12% and its revenue is Rs. 200,000, what is its net profit?
A.
Rs. 24,000
B.
Rs. 20,000
C.
Rs. 30,000
D.
Rs. 22,000
Explanation:
Net profit = 12% of 200000 = Rs. 24,000.