The cost of goods sold of a company is ₹ 10,00,000. Operating expens – InterviewSolution

1.	The cost of goods sold of a company is ₹ 10,00,000. Operating expenses are ₹ 2,00,000. Non-operating expenses are ₹ 3,00,000. Financial expenses are ₹ 1,00,000. If total sales is ₹ 20,00,000, determine operating profit ratio.(A) 20%(B) 40%(C) 30%(D) 28%
Answer» Correct option is (B) 40%

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