(i) Cost of Revenue from Operations (Cost of Goods Sold) ₹ 2,20,000; Revenue from Operations (Net Sales) ₹ 3,20,000

(i) Cost of Revenue from Operations (Cost of Goods Sold) ₹ 2,20,000; Revenue from Operations (Net Sales) ₹ 3,20,000; Selling Expenses ₹ 12,000; Office Expenses ₹ 8,000; Depreciation ₹ 6,000. Calculate Operating Ratio.

(ii) Revenue from Operations, Cash Sales ₹ 4,00,000; Credit Sales ₹ 1,00,000; Gross Profit ₹ 1,00,000; Office and Selling Expenses ₹ 50,000. Calculate Operating Ratio.

[Ans.: (i) 76.875%; (ii) 90%.]