1.

Following information is available for the year ending 31st March 2020Cash revenue from operation (cash sales)₹3,00,000Purchases : Cash₹1,50,000: Credit₹4,50,000Carriage inwards₹16,000Salaries₹75,000Decrease in inventory₹80,000Return outwards₹20,000Wages₹40,000Ratio of Cash revenue from operations & credit revenue from operation is 1 ; 41. Find revenue from operation? i) ₹ 12,00,000 ii) ₹ 15,00,000 iii) ₹ 16,00,000 iv) ₹ 3,00,000 2. Find cost of revenue from operations? i) ₹ 6,36,000 ii) ₹ 7,00,000 iii) ₹ 6,20,000 iv) ₹ 7,16,000 3. Find gross profit ratio? i) 52.26% ii) 40.33%iii) 48.85% iv) 58.33% 4. How much will be the gross profit, if selling price is 25% above cost? i) ₹ 5,72,800 ii) ₹ 8,95,000 iii) ₹ 1,79,000 iv) ₹ 8,75,000

Answer»

1. ii) ₹ 15,00,000

2. iii) ₹ 6,20,000

3. i) 52.26%

4. ii) ₹ 8,95,000



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