Profit percentage of 10 percent find gmroi

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Reference no: EM133415921

Question: A distributor buys product A for 100 INR and sells to customers for 120 INR. At the beginning of the month, he had a total inventory worth 100000 which he sold off during the month. In addition to this, the distributor had to pay rent of 500 INR and directly attributable salary of 1000. What is ROI +7?

A trader has an opening inventory worth of 10000 INR and closing inventor of 5000 with a profit percentage of 10 percent find GMROI.

Reference no: EM133415921

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