Calculate Gross profit ratio revenue from operations ₹ 2,50,000 ; cost of revenue from operations ₹ 2,10,000 purchases ₹ 1,80,000
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Answers
Explanation:
Solution :
★ Gross Profit Ratio = (Gross Profit/Revenue from Operations) × 100
Gross Profit = Revenue from Operations - Cost of Revenue from Operations
- Revenue from Operations = ₹ 2,50,000
- Cost of Revenue from Operations = ₹ 2,10,000
Gross Profit = 2,50,000 - 2,10,000
40,000
Gross Profit = ₹ 40,000
★ Gross Profit Ratio = (Gross Profit/Revenue from Operations) × 100
(40,000/2,50,000)×100
= 16
Gross Profit Ratio = 16%
Therefore, Gross Profit Ratio will be 16%.
Answer:
16%
Explanation:
Given that Gross profit ratio revenue from operations ₹ 2,50,000, cost of revenue from operations ₹ 2,10,000 purchases ₹ 1,80,000.
We need to find out the Gross profit ratio.
Gross profit = Revenue from operations - Cost of revenue from operations
= 250000 - 210000
= Rs. 40000
Gross profit ratio = (Gross profit)/(Revenue from operations) × 100
Substitute the known values,
→ 40000/250000 × 100
→ 400/25
→ 80/5
→ 16%
Hence, the gross profit ratio is 16%.