Maharashtra State BoardHSC Commerce 12th Board Exam
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The Ratio Measuring the Relationship Between Gross Profit and Net Sales. - Book Keeping and Accountancy

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The ratio measuring the relationship between gross profit and net sales ? 

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Solution

Gross Profit ratio / Turnover ratio.

Concept: Introductions to Gross Profit Ratio
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2016-2017 (March)
Q 1.B.3

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2016-2017 (March) (with solutions)
Q 1.B.3 | 1 mark
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