LOHAR PRIYANKA ANIL
Question 12
If Gross profit is Rs. 54,000 and
sales is Rs. 1,80,000 then Gross
Profit Ratio will be
30
15%
25%
None of the above
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Explanation:
Gross Profit Ratio = Gross Profit / Net sales ×100
= 54,000/1,80,000 × 100
= 30%
Therefore,
Gross Profit Ratio will be 30% .
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