Question 125 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 125 Chapter 4 of +2-B

Question 125 Chapter 4 of +2-B

Net Profit Ratio

125. Revenue from Operations, i.e., Net Sales Rs. 8,20,000; Return 10,000;
Cost of Revenue from Operations Cost of Goods Sold 5,20,000; Operating
Expenses 2,09,000; Interest on Debentures 40,500; Gain Profit on Sale of
a Fixed Asset 81,000. Calculate Net Profit Ratio.

 

The solution of Question 125 Chapter 4 of +2-B: –

 

Net Sales = Rs. 8,20,000
Gross Profit = Net Sales – Cost of Goods Sold
  = Rs. 8,20,000 – Rs. 5,20,000
  = Rs. 3,00,000
Net Profit = Gross Profit – Operating Expenses – Interest on Debentures + Profit on Sale of Fixed Asset
  = Rs. 3,00,000 – Rs. 2,09,000 – Rs. 40,500 – 81,000
  = Rs. 1,31,500

Net Profit Ratio = Net Profit X 100
Net Sales
Net Profit Ratio = Rs. 1,31,500 X 100
Rs. 8,20,000
  = 16.04%    

 

 

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)

  • Chapter No. 1 – Financial Statement of Not-For-Profit Organisations
  • Chapter No. 2 – Accounting for Partnership Firms – Fundamentals
  • Chapter No. 3 – Goodwill: Nature and Valuation
  • Chapter No. 4 – Change in Profit-Sharing Ratio Among the Existing Partners
  • Chapter No. 5 – Admission of a Partner
  • Chapter No. 6 – Retirement/Death of a Partner
  • Chapter No. 7 – Dissolution of a Partnership Firm

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)

  • Chapter No. 1 – Financial Statements of a Company
  • Chapter No. 2 – Financial Statement Analysis 
  • Chapter No. 3 – Tools of Financial Statement Analysis – Comparative Statements and Common- Size Statements
  • Chapter No. 4 – Accounting Ratios
  • Chapter No. 5 – Cash Flow Statement

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

2 Book 3 min 225x300 - Question 125 Chapter 4 of +2-B  - T.S. Grewal 12 Class
T.S. Grewal’s Analysis of Financial Statements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.