Net Sales = 6,00,000−50,000=5,50,000.
Gross Profit = Net Sales - Cost of Goods Sold = 5,50,000−4,40,000=1,10,000.
Gross Profit Ratio = 5,50,0001,10,000×100=20%.
CUET UG 2022 — Accountancy Financial Statements
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
Held on 8 Aug 2022 · Verified 13 Jul 2026.
20%
2%
25%
30%
Sign in to track your attempts and accuracy.
Sign in to keep a private note on this question. Nothing you write is ever public.
Profit before interest and tax-
Match List-I with List-II | List-I | List-II | |---|---| | (A) SHAREHOLDERS FUND | (I) Non-current investments | | (B) CURRENT LIABILITIES | (II) Reserves and Surplus | | (C) CURRENT ASSET | (III) Trade Payables | | (D) FIXED ASSET | (IV) Inventories | Choose the correct answer from the options given below:
Auditor issues Annual report of company refering to___.
If the net profits earned during the year is Rs. 50,000 and the amount of debtors at the beginning and the end of the year is Rs. 10,000 and Rs. 20,000 respectively, then the cash from operating activities will be equal to:
Cash advances and loans made by financial enterprises are usually classified as ___________ activity.
Work through every CUET UG Financial Statements PYQ, year by year.