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The following figures are extracted from the balance sheet of Swadesha Ltd. Net profit after tax: Rs. 2,00,000 Net profit before tax: Rs. 2,80,000 Total Investment(Owned + Borrowed): Rs. 4,00,000 Own funds: Rs.1,00,000 Calculate Return on Equity for Swadesha Ltd. |
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Answer» Return on Equity = Net profit after tax x 100/ Equity = 2,00,000/1,00,000 x 100 = 200 % |
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