Advertisements
Advertisements
प्रश्न
Average Inventory carried by a trader is ₹ 60,000; Inventory turnover ratio is 10 times. Goods are sold at a profit of 10% on cost. Find out the profit.
संख्यात्मक
Advertisements
उत्तर
Inventory Turnover Ratio = `"Cost of Revenue from Operations"/"Average Inventory"`
10 = `"Cost of Revenue from Operations"/(₹ 60,000)`
Cost of Revenue from Operations = ₹ 60,000 × 10
= ₹ 6,00,000
Gross Profit = ₹ 6,00,000 × `10/100`
= ₹ 60,000
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
