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Question 116 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 116 Chapter 4 of +2-B
Question No. 116- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 116 Chapter 4 of +2-B

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Operating Ratio

116. Calculate Operating Ratio from the following information:
Operating Cost Rs. 6,80,000; Gross Profit 25%; Operating Expenses Rs.
80,000.

 

The solution of Question 116 Chapter 4 of +2-B: –

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Operating Cost=Cost of Revenue from Operations + Operating Expenses
Rs. 6,80,000=Cost of Revenue from Operations + Rs. 80,000
 =Rs. 6,80,000 – Rs. 80,000
 =Rs. 6,00,000
Gross Profit=1X100
3
 =Rs.2,00,000  
Operating Ratio=Gross ProfitX100
Net Sales
25%=Rs. 2,00,000X100
Net Sales
Net Sales=Rs. 2,00,000X100
25%
 =8,00,000  
Operating Ratio=Gross ProfitX100
Net Sales
Net Sales=Rs. 6,80,000X100
Rs. 8,00,000
 =85%  

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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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