2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Opening inventory 10,000; Closing inventory 20,000; Inventory turnover ratio 5 times; Selling price 1/3rd above cost. Gross profit ratio will be:

    A) 33.33%

    B) 25% 

    C) 50%

    D) 16.67%

    Correct Answer: B

    Solution :

    25%


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