Options
-
10%
Correct answer
- B
15%
- C
20%
- D
25%
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XV NISM Series XV
Medium
#NISM XV for Research Analyst
A company’s sales are 250% of operating profit, and net profit is one-fourth of operating profit. What is the net profit margin?
Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.