Question Details

Detailed explanation and options for the selected question.

If the profit margin of a firm is 20% and its revenue is Rs. 50,000, what is its profit?

A. Rs. 10,000
B. Rs. 12,000
C. Rs. 8,000
D. Rs. 15,000

Explanation:

Profit = 20% of 50000 = Rs. 10,000.