A firms credit revenue from operations is Rs. 360000 cash revenue from operations is Rs. 70000. Cost of revenue from operations is Rs. 361200. Its gross profit ratio will be

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2951.	A firm's credit revenue from operations is Rs. 3,60,000, cash revenue from operations is Rs. 70,000. Cost of revenue from operations is Rs. 3,61,200. Its gross profit ratio will be :
Answer» `11%` `15%` `18%` `16%` ANSWER :D

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A firm's credit revenue from operations is Rs. 3,60,000, cash revenue from operations is Rs. 70,000. Cost of revenue from operations is Rs. 3,61,200. Its gross profit ratio will be :