Question

S compercentage for the stationary department shows gross sales rs 730600 for chemical department and 934900 for stationary department its has determined chemical purcgase cost rs 534000 and stationary purchase is 391400 what is gross profit in %​

Answer 1

Answer:

Total assets t/o=Net Sales/Total Assets.

Let net sales be 'x'

Given: 3='x'/1,00,000

Therefore 'x'=1,00,000 X 3= 3,00,000

Net profit = Sales X Net profit margin= 3,00,000 X 10%= Rs.30,000

Explanation:

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Answer 2

Gross profit will be 46.43% and 42.88%.

Gross profit is the profit after deducting all the operating expenses from the sales, this profit doesn't includes the office and administration cost.

Following is the calculation of gross profit:

              Gross profit ratio = Gross profit/sales*100

A) Stationary Department

   Gross Sales                         = 730600

   - stationary purchase cost = 391400

  gross profit                          = 339200

      gross profit ratio = 339200/730600*100

                                   = 46.43%.

B) Chemical Department

  Gross Sales                         = 934900

   - chemical purchase cost  = 534000

  gross profit                          = 400900

      gross profit ratio= 400900/934900*100

                                            = 42.88%.