Question Details

Detailed explanation and options for the selected question.

A firm’s ROI is 15% on a Rs. 1,000,000 investment. What is the profit?

A. Rs. 150,000
B. Rs. 140,000
C. Rs. 160,000
D. Rs. 170,000

Explanation:

Profit = 15% of 1000000 = Rs. 150,000.