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 50,000; Purchases 3,00,000; return outward 10,000; Wages 10,000; Carriage outward 12,000; Revenue from operation 5,40,000; Closing inventory 60,000. Gross profit will be:

    A) 2,50,000

    B) 2,38,060

    C) 2,30,000

    D) 2,60,000

    Correct Answer: A

    Solution :

    2,50,000


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