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Revenue from Operations ₹ 9,00,000; Gross Profit 25% on Cost; Operating Expenses ₹ 45,000. Calculate Operating Profit Ratio - Accountancy

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Question

Revenue from Operations ₹ 9,00,000; Gross Profit 25% on Cost; Operating Expenses ₹ 45,000. Calculate Operating Profit Ratio.

Sum
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Solution

Gross Profit = `900000 xx 25/125` = Rs 180000

Operaing Profit = Gross Profit - Operating Expenses

= 180000 - 45000 = Rs 135000

Operaing Profit Ratio =` "Operaing Profit"/"Revenue from Operations" xx 100`

`= 135000/900000 xx 100 = 15 %`

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Chapter 3: Accounting Ratios - Exercises [Page 106]

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TS Grewal Accountancy - Analysis of Financial Statements [English] Class 12
Chapter 3 Accounting Ratios
Exercises | Q 121 | Page 106
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