From the following information, Calculate Gross Profit Ratio: Revenue from Operations: Cash 2,00,000 Credit 8,00,000
From the following information, Calculate Gross Profit Ratio:
[Ans.: Gross Proift Ratio = 47%.]
| Revenue from Operations: | |
| Cash | 2,00,000 |
| Credit | 8,00,000 |
| Purchases: | |
| Cash | 40,000 |
| Credit | 3,60,000 |
| Carriage Inwards | 8,000 |
| Salaries | 42,000 |
| Decrease in Inventory | 1,22,000 |
| Returns Outwards | 20,000 |
| Wages | 20,000 |
Anurag Pathak Changed status to publish August 15, 2023
