47. Y Ltd’s profits after interest and tax was Rs. 1,00,000. Its Current Assets were Rs. 4,00,000; Current Liabilities Rs. 2,00,000; Fixed Assets Rs. 6,00,000 and 10% Long term debt Rs. 4,00,000. The rate of tax was 20%.
Calculate ‘Return on Investment’ of Y Ltd.
Marks-2/4, CBSE:2017-18/Comp/Q-21