Mathematics · Aptitude
A company reports its total annual income (revenue) and yearly spending. How can you calculate its profit margin as a percentage?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(Total income ÷ Profit) × 100
- 2(Profit ÷ Total income) × 100✓
- 3(Total income - Total expenses) × 100
- 4(Total expenses ÷ Total income) × 100
Correct answer
(Profit ÷ Total income) × 100
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