Given Sales is Rs.2,40,000 and Gross Profit is 60,000, the Gross Profi

1.	Given Sales is Rs.2,40,000 and Gross Profit is 60,000, the Gross Profit Ratio is
A.	24%
B.	25%
C.	40%
D.	44%%
Answer» C. 40%

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Given Sales is Rs.2,40,000 and Gross Profit is 60,000, the Gross Profit Ratio is

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