Question

The net revenue from operations of Gama Ltd. is 14,00,000.
Its Gross profit is 9,00,000;
Operating expenses are 3 75,000;
Commission received is 5,000;
Profit from sale of fixed asset is 10,000.
The Operating Profit Ratio of Gama Ltd will be:
(a) 59-29%
(b)
59.29%
(c) 60%
(d) 58.93%​

Answer 1

Answer:

The net revenue from operations of Gama Ltd. is 14,00,000.

Its Gross profit is 9,00,000;

Operating expenses are 3 75,000;

Commission received is 5,000;

Profit from sale of fixed asset is 10,000.

The Operating Profit Ratio of Gama Ltd will be:

Explanation:

option b