Q. 99 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 99 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate G.P ratio from the following:-
| ₹ | |
| Credit Revenue from Operations | 2,40,000 |
| Cash Revenue from Operations (being 20% of total Revenue from Operations) | |
| Purchases | 2,20,000 |
| Excess of opening inventory over closing inventory | 14,000 |
[Ans. G.P Ratio 22%.]
Solution:-
