From the following, calculate Gross Profit Ratio

134 :- From the following, calculate Gross Profit Ratio :
Gross Profit Rs 50,000; Revenue from Operations Rs 5,00,000; Sales Return Rs 50,000.

Solution :-

Gross Profit Ratio = [Gross Profit/Revenue from Operations] x 100
= [50,000/5,00,000] x 100
= 10%

Back to Previous page