Cash Revenue from Operations ₹1,00,000, Credit Revenue from Operations ₹24,00,000; Revenue from Operations Return ₹1,00,000; Cost of revenue from operations ₹19,20,000. G.P. ratio will be:

20%

The correct answer is option 3- 20%.

Net Revenue from Operations (Net Sales) = Credit Revenue + Cash Revenue from Operations - Revenue from Operations Return
Net revenue from operations = 24,00,000 + 1,00,000 - 1,00,000
                                              = 24,00,000

G.P = Net Revenue from Operations-  Cost of Revenue from Operations
      = 24,00,000-19,20,000
      = 4,80,000

GPR = Gross Profit/Net Revenue of Operations × 100
       = 4,80,000/24,00,000 x 100
       = 20%