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Question
| Sahiba has a boutique in Nagpur, which she started in 2020. She had invested ₹ 2,00,000 from her savings and borrowed ₹ 3,00,000 from the bank @ 10% per annum. She made a net profit of ₹ 50,000 in the year 2021-2022. |
In the above case the 'Return on Equity' is ______.
Options
10%
20%
25%
40%
MCQ
Fill in the Blanks
Solution
In the above case the 'Return on Equity' is 25%.
Explanation:
`50000/200000xx100`
= 25%
shaalaa.com
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