Cash Revenue from Operations Rs4,00,000 Credit Revenue from Operations Rs21,00,000; Revenue from Operations Return Rs1,00,000; Cost of revenue from operations Rs19,20,000. G.P. ratio will be: |
4% 23% 20% 80% |
20% |
The correct answer is option 3- 20%. Net Revenue from Operations (Net Sales) = Credit Revenue + Cash Revenue from Operations - Revenue from Operations Return G.P = Net Revenue from Operations-Cost of Revenue from Operations GPR=Gross Profit/Net Revenue of Operations × 100 |