Question:
Riya started a beauty parlour investing ₹ 10,00,000. She invested ₹ 4,00,000 of her own and took a loan of ₹ 6,00,000 @ 10%pa. Her profit after interest tax, depreciation and amortisation is ₹ 20,000. Calculate her return as equity.
Riya started a beauty parlour investing ₹ 10,00,000. She invested ₹ 4,00,000 of her own and took a loan of ₹ 6,00,000 @ 10%pa. Her profit after interest tax, depreciation and amortisation is ₹ 20,000. Calculate her return as equity.
Updated On: Oct 18, 2024
- 5%
- 20%
- 10%
- 50%
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The Correct Option is A
Solution and Explanation
The correct option is (A) :5%.
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