G.p 1,00,000,total sales 5,25,000 sale return 25,000 G.p ratio will be
Answers
Answered by
15
Explanation:
Net Sales = Sales - Sales Return
= 5,25,000 - 25,000
= 5,00,000
Net Sales = 5,00,000
★ Gross profit Ratio =
=
=
= 20%
Therefore, Gross profit Ratio will be 20 %
Answered by
2
Explanation:
Given:-
Gross Profit=1,00,000
Total sales=5,25,000
Sales return=25,000
To find:-
Gross profit ratio
Solution:-
First we have to find Net sales
Now
Similar questions