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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


Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 27th Jan, 2024

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.

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