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A firm earns EBIT of Rs 4 lakh on total investment of Rs 30 lakh. What is its RoI?
A10.00%
B12.50%
C13.33%
D15.00%
Answer & Solution
Correct answer: C. 13.33%
RoI is 4 lakh divided by 30 lakh times 100, which gives 13.33 per cent.
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