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Analysing Statement of Profit and Loss

Solve the fol...

Question

Solve the following:

If gross profit as Rs 2,20,000 and operating expenses are Rs 85,000 and non operating expenses are Rs 30,000, find out operating profit.

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Solution

Note: While calculating Operating Profit, Non-Operating Expenses should not be considered.

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Similar questions

Q. If sales are

R s . 40, 000

; Cost of goods sold is

R s . 31, 000

and operating expenses are

R s, 6, 000

, the gross profit is ______________.

Q. Net profit = Rs. 19,000
Non operating expenses = Rs. 500
Non operating incomes = Rs. 0
Using above information calculate Operating profit.

Q. Calculate following Operating Profit ratio from the following information:
Current Assets Rs.35,000
Stock Rs.15,000
Operating Expenses Rs.20,000
Sales Rs.60,000
Cost of Goods Sold Rs.30,000

Q. If net profits are Rs. 30,000 and expenses not resulting in the application of fund are Rs. 10,000, then the funds from operation will be ___________.

Non operating expenses are ___ while calculating operating profit from Net profit.

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