7 Views

Question : The Gross Profit Ratio of a Company is 20%. Which of the following transactions will decrease?

Option 1: Purchase of goods Rs. 1,00,000.

Option 2: Goods costing Rs. 10,000 withdrawn for personal use.

Option 3: Goods costing Rs. 15,000 distributed as free samples.

Option 4: None of the above


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: None of the above


Solution : Answer = None of the above

In all of these transactions, both Purchase and Cl. Stock will be increased or decreased by the same amount. Therefore, the cost of Revenue from the operation will not change.
Hence, the correct option is 4.

Related Questions

Amity University-Noida B.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
Amity University-Noida M.Tech...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
SCSVMV Deemed to be Universit...
Apply
MBA At at SCSVMV | NAAC 'A' Grade | AICTE & UGC Aproved | 100% Placement Support | Merit-based Scholarships
Amity University-Noida BBA Ad...
Apply
Among top 100 Universities Globally in the Times Higher Education (THE) Interdisciplinary Science Rankings 2026
VIT Bhopal University | B.Arc...
Apply
Mark presence in the Modern Architectural field with Bachelor of Architecture | Highest CTC : 70 LPA | Accepts NATA Score
New Horizon College BBA Admis...
Apply
UG Admissions 2026 open| NAAC ‘A’ grade | Merit-based Scholarships available.
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books