Question : What will the gross profit be if the sale is Rs.8,00,000 and the gross profit ratio is 20% of the sale?

Option 1: Rs.1,60,000

Option 2: Rs.1,33,333

Option 3: Rs.2,00,000

Option 4: None of the above

Question : Sale = Rs.2,00,000
Rate of Gross Profit = 33.33% on the cost
What will be the Gross Profit?

Option 1: Rs.40,000

Option 2: Rs.50,000

Option 3: Rs.20,0000

Option 4: Rs.66,667

Question : The Gross Profit Ratio of a company is 25%. Which of the following transactions will increase;

Option 1: Purchase of Stock-in-Trade Rs. 50,000.

Option 2: Purchases Return Rs. 15,000 .

Option 3: Revenue from Operations on sale of Stock-in-Trade Rs. 85,000 .

Option 4: None of the above

Question : The Gross Profit Ratio of a company is 25%. Which of the following transactions will increase;

Option 1: Purchase of Stock-in-Trade Rs. 50,000.

Option 2: Purchases Return Rs. 15,000 .

Option 3: Revenue from Operations on sale of Stock-in-Trade Rs. 85,000 .

Option 4: None of the above

Question : What will the gross profit be if the revenue from operations is Rs 6,00,000 and the gross profit ratio is 30% of revenue?

Option 1: Rs.1,80,000

Option 2: Rs.1,20,000

Option 3: Rs.1,38,461

Option 4: None of the above