The following information is available:
Trade Receivables Turnover Ratio = 4 times
Gross Profit Ratio = 20%
Gross Profit for the year was ₹5,00,000
Bills Receivables = ₹60,000
Net Profit (after) Tax Ratio 12%
Tax Rate is 50%
10% Long-term Borrowings = ₹12,00,000
Shareholders' Funds are ₹ 4,00,000
Non-current Liabilities are ₹18,00,000
Sale of goods on credit only.

Calculate net profit after tax.

₹300000

Net Profit Ratio = Net profit/Revenue from Operations × 100
12= (Net profit/ 2500000)X 100
Net profit= (2500000*12)/100
             =₹300000

Gross profit= 20%= ₹500000
So, sales= 500000X100/20
            = ₹2500000