[CBSE] Q 146 Solution Accounting Ratios of TS Grewal (2023-24)

Solution of Question number 146 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board?

Cost of Revenue from Operations (Cost of Goods Sold) ₹ 3,00,000. Operating Expenses ₹ 1,20,000. Revenue from Operations; Cash Sales ₹ 5,20,000; Return ₹ 20,000. Calculate Operating Ratio.

[Ans.: Operating Ratio = 84%.]

Solution:-

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