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Question 66 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

Question No -66 Chapter no - 7 Unimax Class - 12 Part -II
Question No -66 Chapter no - 7 Unimax Class - 12 Part -II

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Question 66 Chapter 7 – Unimax Publication Class 12 Part 2 – 2021

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66. Gross profit of a company was 25%. Its indirect expenses were 50,000 and cash sales was 2,00,000. The credit sales was 75% of the total sales. Calculate net profit ratio was the company.

The solution of Question 66 Chapter 7 – Unimax Publication Class 12 Part 2-2021 : –

 Let total sales=x
Total sales=cash sales + credit sales
X=2,00,000+75X3x
1004
X3x=2,00,000
4
 4X- 3Xx=2,00,000
4
  x=₹ 8,00,000
  GP=25% of sales
 =25x8,00,000
100
 =₹ 2,00,000
N.P.=G.P – Indirect taxes
 =2,00,000 – 50,000
 =1,50,000
Net profit ratio=N.P.X100 
Net Sales
 =1,50,000X100
8,00,000
 =18.75% Ans.  

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