Q. 200 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)

the solutions of Question number 200 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)

Average Inventory ₹ 80,000; Inventory Turnover Ratio 6 Times: Revenue from Operations 25% above cost. Calculate Gross Profit Ratio.

[Ans. G.P Ratio 20%.]

Hint:- Cost of Revenue from Operations 80,000 x 6 = ₹ 4,80,000.

Solution:-