Q. 192 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)

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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 Operations2,00,000
Cash Revenue from Operations
(being 33 and 1/3% of Total Revenue from Operations)
Purchases2,25,000
Carriage Inwards25,000
Excess of Closing Inventory over Opening Inventory10,000

[Ans. G.P Ratio 20%.]

Solution:-

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