Given that net sales is Rs 1,20,000 and gross profit is Rs 30,000. The gross profit ratio is ___

24%

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25%

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40%

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44%

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Solution

The correct option is B
25%

$Gross Profit Ratio = \frac{Gross Profit}{Net Sales} \times 100 = 25 %$

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If sales is Rs 5,00,000 and net profit is Rs 1,20,000. Net Profit ratio is ___

20 %

1, 20, 000

What will be the gross profit ratio if, total sales is Rs 2,60,000, cost of net goods sold is Rs 2,00,000 and Sales return is Rs 10,000?

Calculate the Gross Profit Ratio from the following information : -

$\begin{matrix} 2016 & 2017 Rs. & Rs. Sales (Revenue from Operations) & 1, 20, 000 & 1, 80, 000 Gross Profit & 30, 000 & 36, 000 \end{matrix}$

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