Compute Gross Profit Ratio from the following information: Revenue from Operations,i.e., Net Sales = ₹ 4,00,000; Gross Profit 25% on Cost.

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August 15, 2023
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Compute Gross Profit Ratio from the following information:

Revenue from Operations,i.e., Net Sales = ₹ 4,00,000; Gross Profit 25% on Cost.

[Ans.: Gross Profit Ratio = 20%.]

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