Home
Class 12
ACCOUNTS
Revenue from operations is Rs. 1,80,000,...

Revenue from operations is Rs. 1,80,000, Rate of Gross Profit is `25%` on cost. What will be the Gross Profit?

A

Rs. 45,000

B

Rs. 36,000

C

Rs. 40,000

D

Rs. 60,000

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Topper's Solved these Questions

  • ACCOUNTING RATIOS

    DK GOEL|Exercise Multiple Choice Questions (Activity Ratios)|31 Videos

  • ACCOUNTING FOR PARTNERSHIP FIRMS - FUNDAMENTALS

    DK GOEL|Exercise Multiple Choice Questions (viii) Guarantee of Profit to a Partner (HOTS)|13 Videos

  • ACCOUNTING TREATMENT OF GOODWILL

    DK GOEL|Exercise ILLUSTRATION 6.|1 Videos

Similar Questions

Explore conceptually related problems

Opening inventorey Rs 29000, closing inventory Rs 31000, Revenue from operations (Net sales) Rs 300000, gross profit 25% on cost. Calculate inventory tuyrnover ratio.

Capital employed Rs 1200000, net fixed assets Rs 800000, cost of goods sold or cost of revenue from operations Rs 400000, gross profit is 20% on cost. Calculate working capital trunover ratio.