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Calculate the profit margin of this business. Fill in the highlighted box.Fruit salesTotal income (Rs.) 500,000 Total expenses (Rs.) 400,000Profit (Rs.) 100,000Profit magin (%) ??Help!​

Answer»

Answer:

25%

Step-by-step explanation:

GIVEN:

Profit = RS. 100,000

Total Expenses= Rs. 400,000

Now Profit Margin %= \frac{Profit}{Total expenses} * 100 %

                                 = \frac{100,000}{400,000} * 100 %

                                = 25 %

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