Question 68 Chapter 4 of +2-B

Question 68 Chapter 4 of +2-B

IV. Profitability Ratios

68. (Net Profit Ratio) The gross Profit Ratio of a company was 25%. Its cash sales Revenue from Operation were ₹ 2,00,000 and its credit sales were 75% of the total sales. If the Indirect expenses of the company were ₹ 40,000.
Calculate Net profit Ratio.

The solution of Question 68 Chapter 4 of +2-B: – 

 

   
Total Sales=Cash Sales + Credit Sales
Cash Sales=₹ 2,00,000
Credit Sales=75% of Total sales
Total Sales=100X₹ 2,00,000
25
 =₹ 8,00,000  
Gross Profit=25X8,00,000
100
 =₹ 2,00,000  
     
Net Profit=Gross Profit – Indirect Expenses  
 =₹ 2,00,000 – ₹ 40,000  
 =₹ 1,60,000  
Net Profit Ratio=Net ProfitX100
Net Sales
     
 =₹ 1,60,000X₹ 1,50,000
₹ 8,00,000
     
 =20%  




Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

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

2 Book 3 min 225x300 - Question 68 Chapter 4 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

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