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Gross profit is total revenue...

Gross profit is total revenue

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Define total revenue

Define total revenue.

Knowledge Check

  • Average Inventory Rs. 60,000, Inventory Rs. Turnover Ratio 8, Gross Profit 20% on revenue from operations, what will be Gross Profit?

    A
    Rs. 1,20,000
    B
    Rs. 96,000
    C
    Rs. 80,000
    D
    Rs. 15,000

  • What will be the amount of Gross Profit, if revenue from operations are Rs. 6,00,000 and Gross Profit Ratio is 20% of revenue from operations?

    A
    Rs. 1,50,000
    B
    Rs. 1,00,000
    C
    Rs. 1,20,000
    D
    Rs. 5,00,000

  • What will be the amount of Gross Profit, if revenue from operations are Rs. 6,00,000 and Gross Profit Ratio is 20% of cost?

    A
    Rs. 1,50,000
    B
    Rs. 1,00,000
    C
    Rs. 1,20,000
    D
    Rs. 5,00,000

    • Similar Questions

    Explore conceptually related problems

    Define total revenue.

    Equity share capital Rs 1500000, Gross profit on revenue form operation si.e net sales 33(1)/(3)% cost of revenue from operations or cost of goods sold Rs 200000, current assets Rs 100000,current liabilites Rs 250000. calculate working capital trunover ratio.

    From the following information , calculate gross profit ratio: Revenue from operation (net sales) , 160000,200000 Gross Profit , 40000, 60000.

    From the following calculate goss profit ratio: gross profit: Rs 50000, revenue form operations Rs 500000, sales Rs 50000

    Which of the following statements are correct? 1. When marginal revenue is positive, total revenue increases with increase in output. 2. When marginal revenue is zero, total revenue is maximum. 3. When marginal revenue becomes negative, total revenue falls with increase in output. Select the correct answer using the code given below:

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