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
The income of a person is Rs.15000 and his expenditure is Rs.12000. In the next year his income and expenditure is increased by 8% and 13% respectively....
1404 ÷ 26 x 3 + 7 = ?2
What will come in the place of question mark (?) in the given expression?
{180 + (2250/15)} ÷ 11 = ?2 + 14
4(1/3) × 2(11/14) = 50% of ? + 86/11
8 × 9 + ? – 6 × 11 = 12 × 8
4387897 – 3286871 – 51926 = ?
The value of [(3√2+2) × (3√2-2)] of 13 + 15 is:
- Simplify:
25% of [160% of (42 + 18) + 124] ÷ 66 × 150 Simplify the following questions:
(11) 8.5 × (121) 5.5 ÷ (1331) 5.5 = (11) ? Â
...2 X 25 + (30% of 80) ÷ (10% of 120) = ?
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