# Question 47 Chapter 7 -Unimax Publication Class 12 Part 2 – 2021

Question No -47 Chapter no - 7 Unimax Class - 12 Part -II

Question 47 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

47. Calculating operating ratio from following trading and profit & loss account of pioneer Ltd.

 Particulars Amount Particulars Amount To stock [1.12022] 45,000 by Sales (less : sales returns) 3,00,000 To Purchases 1,10,000 by stock [31-12-2022] 55,000 To Wages 15,000 To Gross Profit c/d 1,85,000 3,55,000 3,55,000 To Administrative expenses 6,000 By Gross Profit b/d 1,85,000 To Selling Expenses 8,000 By Rent Received 10,000 To Interest Paid 14,000 To net Profit 1,67,000 1,95,000 1,95,000

## The solution of Question 47 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

 C.O.G.S = opening stock + net purchases + direct expenses – closing stocks. = 45,000 + 1,10 000 + 15,000 – 55,000 = ₹1,15,000 Operating cost = C.O.G.S + Operating expenses = 1,15,000 +6,000+8,000 = ₹1,29,000
 Operating Ratio = Opening cost x 100 Net sales
 = 1,29,000 x 100 3,00,000 = 43 % Ans.

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