CUET Accountancy - What is Gross Profit Ratio if? Total sales Rs. 6,00,000 Sales returns Rs. 50,000 Cost of goods sold Rs. 4,40,000 | PYQs + Solutions

CUET Accountancy 2022 8 Aug Shift 2

Financial Statements

Easy

20%

25%

30%

✅ Correct Option: 1

Related questions:

15 May Shift 1

A trader carries an average inventory of Rs. 40,000. His inventory turnover ratio is 8 times. If he sells goods at a profit of 20% on Revenue from operations, find out the gross profit.

8 Aug Shift 2

Which one higher ratio is not favourable?

14 May Shift 2

Return on Investment is

CUET Accountancy 2022 8 Aug Shift 2 PYQs

Keyboard Shortcuts