Gross profit ratio is calculated by ___

$(\frac{Gross Profit}{Gross Sales}) \times 100$

No worries! We‘ve got your back. Try BYJU‘S free classes today!

$(\frac{Gross Profit}{Net Sales}) \times 100$

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

$(\frac{Net Profit}{Gross Sales}) \times 100$

No worries! We‘ve got your back. Try BYJU‘S free classes today!

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
$(\frac{Gross Profit}{Net Sales}) \times 100$

$Gross Profit Ratio = (\frac{Gross Profit}{Net Sales}) \times 100$

Suggest Corrections

Similar questions

Calculate the Gross Profit Ratio from the following information : -

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

Gross profit is calculated as:

While calculating Gross Profit ratio, closing stock is _____________.

\begin{matrix} Items & Rs. Sales & 3, 00, 000 Cost of Goods Sold & 2, 40, 000 Closing Stock & 62, 000 Gross Profit & 60, 000 Opening Stock & 58, 000 Debtors & 32, 000 \end{matrix}

Join BYJU'S Learning Program