Calculate Gross profit ratio from following information-

Revenue from operations = 3,40,000
Cost of revenue from operations = 1,20,000

64.71%

The correct answer is option 2- 64.71%.

Gross profit = Revenue from operations (3,40,000) - Cost of revenue from operations (1,20,000)
                  = 2,20,000

Gross Profit Ratio = Gross Profit / Revenue from operations × 100
                          = 2,20,000/3,40,000 x 100
                          = 64.71 %