Question

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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Answer 1

Explanation:

Gross Profit Ratio = Gross Profit / Net sales ×100

= 54,000/1,80,000 × 100

= 30%

Therefore,

Gross Profit Ratio will be 30% .