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Question

Revenue from Operations ₹4,00,000; Gross Profit Ratio 25%; Operating Ratio 90%. Non-operating Expenses ₹2,000; Non-operating Income ₹22,000. Calculate Net Profit Ratio.


Solution

Net Profit=Operating Profit + Non Operating Incomes-Non Operating Expenses                =40,000+22,000- 2,000=Rs 60,000Operating Profit Ratio=100Operating Ratio =100-90 =10%Operating Profit=4,00,000×10%=Rs 40,000Net  Profit  Ratio=Net  ProfitRevenue  from  operations×100                       =60,0004,00,000×100=15%

Accountancy
TS Grewal-II (2019)
All

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