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

  • question_answer
    Average Inventory 1,25,000; Inventory turnover ratio 4 times; Gross profit 10% of cost of revenue from operation. Gross profit will be:

    A) 50,000

    B) 80,000

    C) 12,500

    D) 40,000

    Correct Answer: A

    Solution :

    50,000


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