Home
Class 12
ACCOUNTS
From the following information , calcula...

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

Text Solution

Verified by Experts

Gross profit Ratio =`("Gross Profit")/("Revenue from operations (Nety sales)")xx100`
for 31 st march , 2019: m Gross profit Ratio =`(Rs 40000)/(Rs 160000)xx100=25%`
For 31st March, 2019 Gross profit Ratio =`(Rs 60000)/(Rs 200000)xx100=30%`
Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING RATIOS

    TS GREWAL|Exercise Evaluation Questions|13 Videos
  • ACCOUNTING RATIOS

    TS GREWAL|Exercise Exercise|147 Videos
  • ACCOUNTING FOR PARTNERSHIP FIRMS-FUNDAMENTALS

    TS GREWAL|Exercise EVALUATION QUESTION :QUESTIONSWITHMISSINGVALUES|3 Videos
  • Admission of a Partner

    TS GREWAL|Exercise EXERCISE|107 Videos

Similar Questions

Explore conceptually related problems

From the following information calcualte Net profit ratio:

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

From the following information ,calculate inventroy Turnover ratio:,Rs Revenue from operations,1600000 Average inventory ,220000 Gross loss ratio 5%.

From the following information, calculate operating Ratio: Revenue form operation Rs 680000, Rate of gross profit on cost 25% selling expenses Rs 1440000, Administrative Expenses Rs 73000.

Calculate inventory Turnover Ratio from the following information: opening inventory is Rs 50000, purchases Rs 390000, Revenue form operations i.e net sales Rs 600000, Grofss profit ratio 30%

From the following information calculate: (i) Gross profit ratio, (ii) Inventory Turnover Ratio, (iii) Current Ratio, (iv) Net Profit Ratio, and (v) Woking capital Turnover Ratio.

Compute gross profit ratio from the following information : revenue from operationsi.e net sales =Rs 400000, gross profit 25% on cost.

TS GREWAL-ACCOUNTING RATIOS -Exercise
  1. From the following information , calculate gross profit ratio: Reve...

    Text Solution

    |

  2. From the following compute curent ratio:

    Text Solution

    |

  3. calculate current ratio from the following information:

    Text Solution

    |

  4. Current ratio is 2.5 working capital is Rs 150000. calculate the amoun...

    Text Solution

    |

  5. Working capital is Rs 900000, Trade payables Rs 90000, and other curre...

    Text Solution

    |

  6. Working capital Rs 180000, total debts Rs 390000, long term debts Rs 3...

    Text Solution

    |

  7. Current assets are Rs 750000 and working capital is Rs 250000. calcula...

    Text Solution

    |

  8. Trade payables rs 50000 working capital Rs 900000, current liabilities...

    Text Solution

    |

  9. A company had current assets of Rs 450000 and current liabilites of Rs...

    Text Solution

    |

  10. Current liabilites of a company were Rs 175000 and its current ratio w...

    Text Solution

    |

  11. Ratio of current assets (Rs 300000) to current liabilities (Rs 200000)...

    Text Solution

    |

  12. Ratio of currents assets (Rs 275000) to curent liabilites (Rs 350000) ...

    Text Solution

    |

  13. A firm had curent assets of Rs 500000.It paid current liabilities of R...

    Text Solution

    |

  14. state giving reason whether the current ratio will improve or decline ...

    Text Solution

    |

  15. state giving reasons which of the following transactions would improve...

    Text Solution

    |

  16. From the following information calcualte liquid ratio:

    Text Solution

    |

  17. Quick assets Rs 150000, inventroy (stock) Rs 40000, prepaid Expaneses ...

    Text Solution

    |

  18. Current assets Rs 300000, inventories Rs 600000, working capital Rs 25...

    Text Solution

    |

  19. Woking capital Rs 360000, total debts Rs 780000, long term debts s 600...

    Text Solution

    |

  20. Current liablities of a company are Rs 600000. Its current ratio is 3:...

    Text Solution

    |

  21. X ltd has a current ratio fo 3.5 :1 and quick ratio of 2:1 if the inve...

    Text Solution

    |