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प्रश्न
Answer in one sentence only.
Give the formula of Gross Profit Ratio?
एक पंक्ति में उत्तर
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उत्तर
Gross profit ratio =` "Gross profit"/ "Net sales" xx100`
Where Gross profit = Net sales – Cost of goods sold
Cost of goods sold = Opening stock + Purchase – Purchase return + Direct expense – Closing stock
Net sales = Sales – Sales return.
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