CUET AccountancyFinancial Statements > Easy8.18 times8.23 : 18.18%8.81 : 1✅ Correct Option: 1Related questions:8 Aug Shift 2What is gross profit ratio? Gross sales Rs. 7,60,000 Sales returns Rs. 40,000 Net Profit after interest Rs. 40,000 Indirect expenses Rs. 60,000 Interest paid on debentures Rs. 20,00013 May Shift 2Average payment period is -13 May Shift 2Trade payable turnover ratio is-