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A simple Profit and Loss Account for a manufacturing company shows: Sales 3,2...

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A simple Profit and Loss Account for a manufacturing company shows:

Sales 3,200,000

Cost of sales 800,000

Overheads 2,000,000

Profit (Loss) before tax 400,000

What is the percentage Profit Margin for this company?

0%
0%
0%
0%
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