Question

140. Revenue from Operations, i.e., Net Sales 8,20,000; Return 10,000; Cost of Revenue from Operations
(Cost of Goods Sold) 5,20,000; Operating Expenses 2,09,000; Interest on Debentures 40,500;
Gain (Profit) on Sale of a Fixed Asset 81,000. Calculate Net Profit Ratio. ​

Answer 1

Answer:

net profit= 820000-10000 - 520000- 209000

= 81000

np ratio = 81000/810000

= 10%