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Calculate the Net Profit Ratio (up to two decimal places) from the following information :ParticularsGross Profit Rs 80,000Salary and rent Rs 30,000Interest on Debentures Rs 5,000Gain on sale of furniture Rs 2,000Revenue from Operations Rs 4,00,000 |
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Answer» Net Profit Ratio = Net Profit after tax / Revenue from Operations x 100 Net Profit = Gross Profit - Salaries and Rent - Interest on Debentures + Gain on Sales of Furniture = Rs 80, 000 - Rs 30, 000 - Rs 5,000 + Rs 2,000 Net Profit = RS 47,000 Net profit Ratio = Rs 47,000 / Rs 4,00,000 x 100 = 11.75 % |
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