Question 29 of 38
Q.Calculate Gross profit ratio from the following. Revenue from operations ₹ 1,00,000. Cost of revenue from operations ₹ 80,000 and Purchases ₹ 62,500.
Puducherry TnboardTamil Nadu HSC (DGE) Commerce Board 2024Subjective· 2mImportance★★★★★
76% · 29/38 Questions
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Start your 14-day free trial to unlock the full solution →Gross Profit Ratio = (Gross Profit ÷ Revenue from Operations) × 100 = (20,000 ÷ 1,00,000) × 100 = 20%.
The gross profit ratio is a profitability ratio in the Tamil Nadu HSC Class-12 Accountancy chapter on Ratio Analysis. It shows the gross profit earned on every ₹100 of revenue from operations.
Step 1 — Gross Profit
| Particulars | ₹ |
|---|---|
| Revenue from operations | 1,00,000 |
| Less: Cost of revenue from operations | 80,000 |
| Gross Profit | 20,000 |
Step 2 — Ratio
…
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