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Tallulah's Business Had Total Revenue of £393 450 in the Financial

Question 16

Multiple Choice

Tallulah's business had total revenue of £393 450 in the financial year ended 31 October 20X4.Her gross profit margin was 45.6% and her expenses were £120 500. What was Tallulah's net profit margin, to one decimal place, for the year ended 31 October 20X4?


A) 23.8%
B) 15.0%
C) 32.8%
D) 27.5%

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