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  3. 12th Class
  4. Accountancy
  5. Accounting Ratios

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

  • question_answer
    Credit revenue from operation 5,00,000; Cash revenue from operation- 20% of total revenue from operation: Excess of closing inventory over opening inventory 75,000; Purchases 4,55,000. Gross profit ratio will be:

    A) 30%

    B) 40%

    C) 38.20%

    D) 39.20%

    Correct Answer: D

    Solution :

    39.20%


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