What will be the operating profit ratio,

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Target Exam

CUET

Subject

Accountancy

Chapter

Accounting Ratios

Question:

What will be the operating profit ratio, if the operating ratio is 85.67%?

Options:

14.80%

100%

14.33%

15%

Correct Answer:

14.33%

Explanation:

The correct answer is option 3- 14.33%.

Operating Profit Ratio = 100 – Operating Ratio
OPR = 100- 85.67%
= 14.33%