JP Limited has earned 10% return on total assets of ₹18,00,000 and has a net profit ratio of 8%. Find out sales of the company.

CS Executive · Financial and Strategic Management · PYQS · December 2020
JP Limited has earned 10% return on total assets of ₹18,00,000 and has a net profit ratio of 8%. Find out sales of the company.
(A) ₹14,40,000
(B) ₹25,00,000
(C) ₹27,50,000
(D) ₹22,50,000

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Management

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