From the following information, calculate operating ratio.
* Revenue from operations ₹340000
* Cost of revenue from operations ₹120000
* Selling expenses ₹80000
* Administrative expenses ₹40000

70.59%

Operating ratio = (Cost of Revenue from operations + operating expenses)/ Revenue from operations x 100
                       = (120000 + 120000)/340000 x 100
                       = 240000/340000 x 100
                       = 70.58%

*Operating expenses include both selling and administrative expenses.