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26-04-2024
Business

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The debt-to-equity ratio of a firm is 3:1, and the total assets are Rs. 12,00,000. If the return on equity is 15%, what would be the net profit of the company?
a) Rs. 2,40,000
b) Rs. 1,20,000
c) Rs. 3,60,000
d) Rs. 4,80,000

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