Accountancy, asked by taranaikade19475, 7 months ago

while calculating gross profit ratio ......​

Answers

Answered by GhotraKaur
0

Answer:

(FORMULAE TO FIND )

Gross Profit Ratio

=Cost of goods sold/Net Profit ×100

Explanation:

COGS(Cost of good sold)=Sales-Gross Profit

OR

=Opening stock+Net purchase+Direct Expense-Closing atock

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