Advertisement

Question 103 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 103 Chapter 4 of +2-B
Question No. 103- Chapter No.4 - T.S. Grewal +2 Book Part B

Advertisement

Question 103 Chapter 4 of +2-B

Advertisement

Gross Profit Ratio

103. Compute Gross Profit Ratio from the following information:
Cost of Revenue from Operations Cost of Goods Sold Rs. 5,40,000;
Revenue from Operations Net Sales Rs. 6,00,000.

The solution of Question 103 Chapter 4 of +2-B: –

Gross Profit=Revenue from Operations –
Cost of Revenue from Operations
 =Rs. 6,00,000 – Rs. 5,40,000
Gross Profit=Rs. 60,000

 

Revenue from Operations=Gross ProfitX100
Revenue from Operations
Revenue from Operations=60,000X100
6,00,000
 =10%  

Advertisement-X

 

Balance Sheet: Meaning, Format & Examples

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of previous Chapters: –

T.S. Grewal’s Double Entry Book Keeping +2 (Vol. I: Accounting for Not-for-Profit Organizations and Partnership Firms)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

T.S. Grewal’s Double Entry Book Keeping (Vol. II: Accounting for Companies)

Check out T.S. Grewal +2 Book 2020@ Official Website of Sultan Chand Publication

Question 1 Chapter 1 of +2-B
T.S. Grewal’s Analysis of Financial Statements

Advertisement

Advertisement

error: Content is protected !!