If Bhavin spends Rs 2,00,000 to open a grocery shop and earns a net profit of Rs 40,000 in one year.
If Bhavin spends Rs 2,00,000 to open a grocery shop and earns a net profit of Rs 40,000 in one year. Calculate the annual return on investment.
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Return on Investment = (Earning before interest , tax and depreciation) / (Total Investment)
= Rs.40,000/ Rs.2,00,000 = 20%
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