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Revenue from Operations, I.E., Net Sales ₹ 6,00,000. Calculate Net Profit Ratio. - Accountancy

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Question

Revenue from Operations, i.e., Net Sales ₹ 6,00,000. Calculate Net Profit Ratio. 

Sum
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Solution

Net Sales = 6,00,000

Net profit = 60,000

Net profit Ratio = `"Net profit"/"Net Sales" xx 100`

`= 60000/600000 xx 100 = 10%`

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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 124 | Page 106
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