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If a company's net income is 150,000 and total revenue is 1,000,000, what is the net profit margin?

October 11, 2026Business/Management

ScanSolve AI Answer

Step-by-step solution

3 steps

Identify the formula for net profit margin.
The net profit margin is calculated by dividing net income by total revenue and multiplying by 100 to express it as a percentage.
$\text{Net Profit Margin} = \frac{\text{Net Income}}{\text{Total Revenue}} \times 100\%$
Substitute the given values into the formula.
Given Net Income = $150,000 and Total Revenue =$ 1,000,000. $\text{Net Profit Margin} = \frac{\$150,000}{\$1,000,000} \times 100\%$
Calculate the net profit margin.
$\text{Net Profit Margin} = 0.15 \times 100\%$ $\text{Net Profit Margin} = 15\%$
The net profit margin is 15%. This corresponds to option B.

The final answer is $\boxed{\text{15\%}}$ .

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