Q. 194 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)

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the solutions of Question number 194 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)

A company earns a gross profit of 20% on cost. Its credit revenue from operations are twice its cash revenue from operations. It the credit revenue from operations are ₹ 4,00,000, Calculate the gross profit ratio of the company.

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[Ans. G.P Ratio 16.67%]

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Solution:-

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