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

  • question_answer
    Credit sales 1,00,000; cash sales 80,000; Return inward 30,000; Gross profit ratio is 25% on cost of revenue from operation. Cost of revenue from operation will be:

    A) 1,50,000

    B) 1,25,000 

    C) 1,20,000

    D) 1,10,000

    Correct Answer: C

    Solution :

    1,20,000


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