Question

Calculate Gross profit ratio revenue from operations ₹ 2,50,000 ; cost of revenue from operations ₹ 2,10,000 purchases ₹ 1,80,000​

Answer 1

Answer:

16%

Step-by-step 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%.

Answer 2

$\begin{gathered}\huge\blue{\mid{\fbox{\tt{SOLUTION}}\mid}} \\ \end{gathered}$

$Gross \: profit \: Ratio =$

$\frac{Gross profit }{Revenue From Operations} \times 100$

$Gross \: profit = Revenue \: from \: Operations$

$- \: Cost \: of \: Revenue \\ \: From \: operations$

$= 2 , 50 , 000 - 2 , 10 , 000$

$= Rs. 40 , 000$

$Gross profit ratio = \frac{40000}{250000} \times 100 \\ = 16 \: \%$