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
Correct Answer: Rs.1,80,000
Solution : Operation from revenue = Rs 6,00,000 Gross profit ratio = 30% Gross Profit = 600000*30% = 1,80,000 Hence option 1 is the correct answer.
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%
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 : _____________ratio establishes a relationship between gross profit and Revenue from Operations, i.e. Net Sales.
Option 1: Net profit ratio
Option 2: Operating profit ratio
Option 3: Gross profit ratio
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