Net profit after tax of Rs. 200000 is Rs. 400000. Share capital is Rs. 800000 and revenue reserve is Rs. 200000. What is rate of return on equity ?

🎲 Try a Random Question  |  Total Questions in Quiz: 50  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Past Years Commerce Questions Set -3 — practice the complete quiz, review flashcards, or try a random question.


Net profit after tax of Rs. 200000 is Rs. 400000. Share capital is Rs. 800000 and revenue reserve is Rs. 200000. What is rate of return on equity ?