Question

Gross profit of a firm is Rs.9,00,000 and revenue from operations Rs. 27.00, 000. What will be the
gross profit ratio​

Answer 1

Gross profit ratio will be 33.33 %

Explanation:

Given :

• Gross profit = Rs.9,00,000

• Revenue from Operations = Rs.27,00,000

To find :

• Gross profit ratio

Solution :

Gross profit ratio =

Gross profit / Revenue from operation × 100

$\frac{900000}{2700000} \times 100$

$\longmapsto \pink{33.3}$

Therefore,

Gross profit ratio will be 33.33 %

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