Question
If revenue from operations is Rs.60,00,000 Gross Profit
ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the operating Profit?Solution
Operating profit = Gross Profit – Operating expenses Gross Profit = Sales *Gross Profit ratio 60,00,000 *60% = 36,00,000 So, operating profit = 36,00,000 – 4,00,000 = 32,00,000
What is the Re-usable Launch Vehicle Autonomous Landing Mission, recently conducted by ISRO?
According to a report by S&P Global Market Intelligence, Indian banks are expected to attract increasing global investment from investors looking for be...
What was the growth rate of the Goods and Services Tax (GST) collection in August 2023?
Public sector banks (PSBs) registered more than double profit of Rs 34,774 crore for the first quarter ended June 2023.Which bank has posted the highest...
Fragrance & Flavour Development Centre has been set-up in the year 1991 by Ministry of ____________.
The Union Cabinet has approved the modified production-linked incentive (PLI) scheme for information technology (IT) hardware to boost local manufacturi...
Archaeologists recently found the world’s oldest known cave picture in Leang Karampuang cave. This cave is associated with which country?
How much investment does India aim to achieve in the maritime sector by 2027, as discussed with Japan?
According to Australia-based think tank Lowy Institute's 2023 Asia Power Index,which country holds the most power in Asia?
Which international funding agencies are mentioned as partners in the Global River Cities Alliance (GRCA) launched at COP28?
Relevant for Exams:
