Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Accounting Ratios

Question:

What will be the net profit ratio of the company, if the net profit is ₹3,50,000 and the revenue from operations is ₹20,00,000?

Options:

17.5%

17%

18%

18.5%

Correct Answer:

17.5%

Explanation:

The correct answer is option 1- 17.5%.

Net Profit Ratio = Net profit/Revenue from Operations × 100
                          = 3,50,000/ 20,00,000 X 100
                          = 17.5%