Question : What will be the gross profit ratio: If Credit Revenue from Operations is Rs.7,00,000, Cash Revenue from Operations is Rs.1,00,000. The cost of Revenue from Operations is Rs.6,40,000.
Option 1: 30%
Option 2: 10%
Option 3: 25%
Option 4: 20%
Correct Answer: 20%
Solution : Total revenue: Credit Revenue from Operations + Cash Revenue from Operations Total revenue : 7,00,000 + 1,00,000 = 8,00,000 Gross Profit = Total revenue - Cost of Revenue from Operations = 8,00,000-6,40,000 = 1,60,000 Gross Profit Ratio = Gross profit/Total revenue = 1,60,000/8,00,000 = 20% Hence option 4 is the correct answer.
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
Question : Revenue from Operations Rs. 9,00,000, Gross Profit 25% on Cost, Operating Expenses Rs. 90,000. Operating Ratio are
Option 1: 25%
Option 2: 30%
Option 3: 90%
Question : Revenue from Operations Rs. 8,00,000; Gross Profit Ratio 25%; Operating Ratio 90%; Nonoperating Expenses Rs. 4,000; Non-operating Income T44,000. Net Profit Ratio will be
Option 2: 20%
Option 3: 15%
Option 4: 5%
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