Q. 192 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 192 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Calculate Gross Profit Ratio from the following data:-
₹ | |
Credit Revenue from Operations | 2,00,000 |
Cash Revenue from Operations (being 33 and 1/3% of Total Revenue from Operations) | |
Purchases | 2,25,000 |
Carriage Inwards | 25,000 |
Excess of Closing Inventory over Opening Inventory | 10,000 |
[Ans. G.P Ratio 20%.]
Solution:-