Write a word / term / phrase as a substitute for t – Class 12 Book Keeping And Accountancy | ConceptFirst

Question 24 of 25

Q. Write a word / term / phrase as a substitute for the following statement: The ratio measuring the relationship between gross profit and net sales.

Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2020Subjective· 1mImportance★★★★★

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The ratio expressing gross profit as a percentage of net sales is the Gross Profit Ratio.

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Same / Similar Concept — real previous-year questions on the same or a closely similar concept, not this exact question.

CBSE 2025Set MARCH1 markMCQ
$Q. Revenue from operations ₹ 4,00,000, Cost of revenue from operations ₹ 1,50,000 Administration expenses ₹ 50,000 and Selling expenses ₹ 8,500. The Net Profit is :$
(a) ₹ 1,91,500
(b) ₹ 4,00,000
(c) ₹ 2,00,000
(d) ₹ 1,50,000
›Reveal solutionSolution

The net profit is ₹ 1,91,500.

Net profit is arrived at by subtracting the cost of revenue from operations and all other operating expenses from revenue from operations (TN HSC Commerce, Financial Statement / Ratio Analysis):

Particulars ₹
Revenue from operations 4,00,000
Less: Cost of revenue from operations (1,50,000)

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CBSE 2020Set ANNUAL1 mark
$Q. Write a word / term / phrase as a substitute for the following statement: The ratio measuring the relationship between gross profit and net sales.$
›Reveal solutionSolution

The ratio expressing gross profit as a percentage of net sales is the Gross Profit Ratio.

…

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