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From the following statement of profit. and loss of Dericston Ltd. Calculate (i) Gross Profit ratio (ii) Net Profit ratio. - Accountancy

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प्रश्न

From the following statement of profit. and loss of Dericston Ltd. Calculate

  1. Gross Profit ratio
  2. Net Profit ratio.
Statement of Profit and Loss
Particulars
I. Revenue from operations 24,00,000
II. Other income:  
Income from investment 70,000
III. Total revenues (I+II) 24,70,000
IV. Expenses:  
Purchases of stock-in-trade 18,80,000
Changes in inventories -80,000
Employee benefits expense 2,90,000
Other expenses 1,10,000
Provision for tax 30,000
Total expenses 22,30,000
V. Profit for year 2,40,000
बेरीज
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उत्तर

Gross Profit Ratio = `"Gross Profit"/"Revenue from operations" xx 100`

Gross profit = Revenue from operations – Cost of revenue from operation

Cost of revenue from operations = Purchase + Change in inventories

= 18,80,000 – 80,000 = Rs. 18,00,000

Gross Profit = 24,00,000 – 18,00, 000 = Rs. 6,00,000

Gross Profit Ratio = `600000/2400000 xx100` = 25%

Net Profit ratio = `600000/2400000 xx 100`

Net Profit ratio = `240000/2400000 xx 100` = 10%

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पाठ 9: Ratio Analysis - Exercises [पृष्ठ ३२५]

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सामाचीर कलवी Accountancy [English] Class 12 TN Board
पाठ 9 Ratio Analysis
Exercises | Q IV 17. | पृष्ठ ३२५
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