Which of the Following Is Not True About India

question 11

Multiple Choice

Which of the following is not true about India?

• A)One out of four people is poor.
• B)It has the fourth largest economy
• C)80% of rural people have adequate sanitation.
• D)Nearly one-half of the people are unemployed or underemployed.
• E)40% of the population suffers from malnutrition.

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Definitions:

Markup

The amount added to the cost of goods to cover overhead and profit, usually expressed as a percentage of the cost.

Discontinued Inventory

Discontinued inventory includes products that are no longer being produced or sold by a company, often due to obsolescence or strategy shifts.

Gross Profit Margin

A profitability metric that shows the percentage of revenue that exceeds the cost of goods sold, indicating the efficiency in producing goods.