Compute Gross Profit Ratio from the following information: Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,40,000; Revenue from Operations (Net Sales) ₹ 6,00,000.

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

Cost of Revenue from Operations (Cost of Goods Sold) ₹ 5,40,000; Revenue from Operations (Net Sales) ₹ 6,00,000.

[Ans.: Gross Profit Ratio = 10%.]

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