Given the following information:

Calculate Operating ratio.

70.59%

The correct answer is option 4- 70.59%.

* Cost of Revenue from Operations = 1,20,000

* Operating Expenses = Selling expenses + Administrative expenses
                                = 80,000 + 40,000
                                = 1,20,000

* Net Revenue from Operations = 3,40,000

Operating Ratio = (Cost of Revenue from Operations + Operating Expenses)/ Net Revenue from Operations ×100
                       = (1,20,000 + 1,20,000)/3,40,000 x 100
                       = 2,40,000/3,40,000 x 100
                       = 70.588%
                       = 70.59%