Question
A trader carries an average inventory of Rs. 40,000.
His inventory turnover ratio is 8 times. If he sells goods at a profit of 20% on Revenue from operations, find out the gross profit.Solution
Inventory Turnover Ratio =Cost of Revenue from Operations/Average Inventory Cost of Revenue from operations = 8 × Rs. 40,000 = Rs. 3,20,000 Revenue from operations = Cost of Revenue from operations ×100/80 = Rs. 3,20,000 ×100/80 = Rs. 4,00,000 Gross Profit = Revenue from operations – Cost of Revenue from operations = Rs. 4,00,000 – Rs. 3,20,000 = Rs. 80,000
What will come in the place of question mark (?) in the given expression?
{(3600 ÷ 20 of 18) × 30 + 240} = ? % of 1200
1.25 × 36 + 2.75 × 40 = ? × 3.1
72% of 486 – 64% of 261 = ?
(49 x ?) / 3.5 + 389 = 627
(25.111 % of 200) × 26 ÷ 12.99 – 18.88 × 15.82 + 150.33% of 3√ 4917 = ? – 200
...72.5% of 400 – 23.25% of 1020 = 105% of ?
(3984 ÷ 24) x (5862 ÷ 40) = ?
154 × 7 + 480 × 5 =?% of 6956
40% of (362 ÷ 0.05) = ?
(392 + 427 + 226 – 325) ÷ (441 + 128 – 425) = ?Â
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