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