The capital of a company is Rs. 1,00,000. Its margin on sales is 8%. The Turnover is five times the capital. The return on investment will be:
Or
The capital of a company is Rs. 1,00,000. Their profit on sale is 8%. The sale is five times the capital. Profit on investment will
A. 3%
B. 8%
C. 24%
D. 40%
Answer: Option D
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