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Question 122 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 122 Chapter 4 of +2-B
Question No. 122- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 122 Chapter 4 of +2-B

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Operating Ratio

122. Operating Cost 3,40,000; Gross Profit Ratio 20%; Operating Expenses Rs.
20,000. Calculate Operating Profit Ratio.

 

The solution of Question 122 Chapter 4 of +2-B: –

 

Cost of Revenue from Operations=Operating Cost-Operating Expenses
 =Rs. 3,40,000 – Rs. 20,000
 =Rs. 3,20,000
Gross Profit=20XRs3,20,000
80
 =Rs 80,000  

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Revenue from Operations=Cost of Revenue from Operations + Gross Profit
 =Rs. 3,20,000 – Rs. 80,000
 =Rs. 4,00,000
Operating Profit=Revenue from Operations – Operating Cost
 =Rs. 4,00,000 – Rs. 3,40,000
 =Rs. 60,000

 

Operating Ratio=Operating CostX100
Net Sales
Operating Ratio=Rs. 60,0000X100
Rs. 4,00,000
 =15%  

 

 

Balance Sheet: Meaning, Format & Examples

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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

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