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Question
Mention two ratios in which both the figures are from Statement of Profit and Loss.
Very Short Answer
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Solution
Following are the two ratios in which both figures are taken from the Statement of Profit and Loss:
- Gross Profit Ratio = `("Gross Profit")/("Revenue from Operations") xx 100`
- Net Profit Ratio = `("Net Profit")/("Revenue from Operations") xx 100`
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