Return on assets = 5.5%, Total assets Rs 3,000 and common equity Rs 1,050 then return on equity would be

The correct answer is B. 15.71%.

Return on equity (ROE) is a measure of how profitable a company is relative to its equity. It is calculated by dividing net income by common equity.

In this case, we are given that return on assets (ROA) = 5.5%, total assets = Rs 3,000, and common equity = Rs 1,050. We can use these values to calculate ROE as follows:

ROE = ROA * (Total assets / Common equity)

= 5.5% * (3,000 / 1,050)

= 15.71%

Therefore, the correct answer is B. 15.71%.

Option A is incorrect because it is the total assets, not the common equity, that is multiplied by ROA.

Option C is incorrect because it is the return on assets, not the

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