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Question 111 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question No. 111- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 111 Chapter 4 of +2-B

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Operating Ratio

111. Cost of Revenue from Operations (Cost of Goods Sold) Rs. 3,00,000.
Operating Expenses Rs. 1,20,000. Revenue from Operations: Cash Sales
Rs. 5,20,000; Return Rs. 20,000. Calculate Operating Ratio.

 

The solution of Question 111 Chapter 4 of +2-B: –

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Net Sales=Sales – Sales Return
 =Rs. 5,20,000 – Rs. 20,000
 =Rs. 5,00,000
Operating=Cost of Goods Sold + Operating Expenses
 =Rs. 3,00,000 + Rs. 1,20,000
 =Rs. 4,20,00

 

Revenue from Operations=Gross ProfitX100
Net Sales
Revenue from Operations=Rs. 4,20,000X100
Rs. 5,00,000
 =84%
  

 

 

 

Balance Sheet: Meaning, Format & Examples

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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

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