Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question 115 Chapter 4 of +2-B
Operating Ratio
115. Calculate Cost of Revenue from Operations from the following
information: Revenue from Operations Rs. 12,00,000; Operating Ratio 75%; Operating Expenses Rs. 1,00,000.
| Net Sales | = | Rs. 12,00,000 |
| Operating Ratio | = | 75% |
| Operating Expense | = | Rs. 1,00,000 |
| Operating Ratio | = | Operating Cost | X | 100 |
| Net Sales |
| 75% | = | Operating Cost | X | 100 |
| Rs. 12,00,000 |
| Operating Cost | = | Rs. 12,00,000 |
| 75% | ||
| = | Rs. 9,00,000 |
| Operating Cost | = | Cost of Revenue from Operations + Operating Expenses |
| Rs. 9,00,000 | = | Cost of Revenue from Operations + Rs. 9,00,000 |
| Cost of Revenue from Operations | = | Rs. 9,00,000 – Rs. 1,00,000 |
| = | Rs. 8,00,000 |
https://tutorstips.com/balance-sheet/
Thanks, Please Like and share with your friends
Comment if you have any question.
Also, Check out the solved question of previous Chapters: -
Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question 115 Chapter 4 of +2-B - T.S. Grewal 12 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to T.S. Grewal 12 Class Book Keeping Part - B - T.S. Grewal - XII.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question 115 Chapter 4 of +2-B - T.S. Grewal 12 Class" instantly.
