Question

Gross Profit Ratio of a Company is 25%. Cost of revenue from operations are 3/4^th of revenue from operations. If revenue from operations is ₹ 60,00,000, the Gross Profit of the Company will be:

Options

• ₹ 25,00,000

• ₹ 45,00,000

• ₹ 15,00,000

• ₹ 11,25,000

Answer 1

₹ 15,00,000

Explanation:

Gross Profit = `("Revenue from Operations"xx"Gross Profit Ratio")/100`

= `(60,00,000xx25%)/100` 

= ₹ 15,00,000