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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


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: 88.94%


Solution : Answer = 88.94%

Operating ratio= 100 - operating profit= 100 - 11.06% = 88.94%.
Hence, the correct option is 3.

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