What was the rate of profit margin ( in % ) if a motor bike which cost tk. 50,000 was sold for tk. 52,000 ?
A
8%
B
6%
C
4%
D
2%
Correct Answer: 4%
What was the rate of profit margin ( in % ) if a motor bike which cost tk. 50,000 was sold for tk. 52,000 ? The rate of profit margin ( in %) = (2000x100)/50000 = 4%