Practicing Success

Register
Start Free Mocks
CUETMOCK

Ace Your

CUET Preparation Today

Start Free Mocks
Home Questions 233RW2JJJ9
Target Exam

CUET

Subject

Accountancy

Chapter

Accounting Ratios

Question:

Calculate the operating profit ratio from the following information-

Sales ₹2000000
Gross profit ratio 30%
Operating ratio 80%
Non-operating expenses ₹30000
Non-operating income ₹50000
Options:

10%

20%

30%

40%

Correct Answer:

20%

Explanation:

Operating Profit Ratio = 100 – Operating Ratio
                               = 100 - 80
                                = 20%

CUET Questions