Question : What will be the Operating Ratio, if the Operating profit Ratio is 11.06%.
Option 1: 11.06%
Option 2: 84.53%
Option 3: 88.94%
Option 4: None of the above
Correct Answer: 88.94%
Solution :
Answer =
88.94%
Operating ratio= 100 - operating profit= 100 - 11.06% = 88.94%.
Hence, the correct option is 3.