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  5. Accounting Ratios

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

  • question_answer
    If revenue from operations is Rs. 3,20,000 and gross profit is Rs. 80,000, gross profit ratio will be:

    A) 30%                

    B) 25%

    C) 40%               

    D) 50%

    Correct Answer: B

    Solution :

    [b] 25%
    Hint: Gross Profit Ratio
    =\[\frac{Gross profit}{Revenue from Operations}\times 100\]
    \[=\frac{80,000}{3,20,000}\times 100\] = 25%


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