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Solve the Following: - Book Keeping and Accountancy

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Question

Solve the following:
If gross profit as Rs 2,20,000 and operating expenses are Rs 85,000 and non operating expenses are Rs 30,000, find out operating profit.

Sum

Solution

Gross profit = Rs. 220,000(Given)
Operating Expenses = Rs. 85,000(Given)
Non-Operating Expenses = Rs. 30,000(Given)
Operating Profit = Gross Profit - Operating Expenses
Operating Profit = 220,000 - 85,000 = Rs. 135,000

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Operating Profit Ratio
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Chapter 12: Analysis of Financial Statements - Exercise 6 [Page 385]

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Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 12 Analysis of Financial Statements
Exercise 6 | Q 3 | Page 385
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