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Question 126 Chapter 4 of +2-B – T.S. Grewal 12 Class

Question 126 Chapter 4 of +2-B
Question No. 126- Chapter No.4 - T.S. Grewal +2 Book Part B

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Question 126 Chapter 4 of +2-B

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Net Profit Ratio

126. Revenue from Operations Rs. 4,00,000; Gross Profit Ratio 25%;
Operating Ratio 90%. Non-operating Expenses 2,000; Non-operating
Income Rs. 22,000. Calculate Net Profit Ratio.

 

The solution of Question 126 Chapter 4 of +2-B: –

 

Net Profit =Operating Profit + Non Operating Incomes -Non Operating Expenses
 =Rs. 40,000 + Rs. 22,000 – Rs. 2,000
 =Rs. 60,000
Operating Profit Ratio=100 −Operating Ratio
 =100-90 =10%
 =Rs. 1,31,500
Operating Profit=Rs. 4,00,000 x 10%
 =Rs. 40,000

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Net Profit Ratio=Net ProfitX100
Net Sales
Net Profit Ratio=Rs. 60,000X100
Rs. 4,00,000
 =15%  

 

 

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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