Q. 173 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 173 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Gross Profit Ratio from the following information:
| ₹ | |
| Inventory Turnover Ratio | 6 times |
| Average Inventory | 4,00,000 |
Goods are sold at a profit of 25% on cost.
[Ans. Revenue from Operations ₹ 30,00,000; G.P Ratio 20%.]
Solution:-
