Question
Calculate Debtors Ratio (365 days of the
year.) Refer the following summarized Balance Sheet & P&L of AB Ltd. as on 31 ‐ 3 ‐ 2022. Summarized Profit and Loss Account is as under for the year ending on 31 ‐ 3 ‐ '04: Rs. Sales (25% Cash sales) 80,00,000 Less: Cost of goods sold 56,00,000 Gross Profit 24,00,000 Net profit (Before interest and tax 50%) 9,00,000 Calculate the following ratios:Solution
Debtors Ratio (Avg. debt collection period) = Debtors + Bills receivable / Credit sales X 365 days = 4,60,000 + 60,000 / 60,00,000 X 365 days = 0.461 X 365 days = 31.63 days i.e., 32 days
A shopkeeper sold an article for Rs. 700 after offering a discount of 20%. If he earned a profit of 25%, then find the ratio of cost price to the marked...
- A dealer bought a microwave for Rs. 4,000 and a blender for Rs. 1,500. He increased their prices by 25% and 10% respectively. If both items were sold toget...
A shopkeeper sold a toy for Rs. 980 after offering a 30% discount on the labeled price. If he had not given the discount, he would have made a 25% profi...
Some fruits are bought at 20 for Rs.160 and an equal number of fruits at 15 for Rs.140. If all the fruits are sold at Rs.144 per dozen, then what is the...
A shopkeeper sold an article for Rs. 780 after offering a discount of 40%. If he earned a profit of 30%, then find the ratio of cost price to the marked...
- A dealer grants a 35% discount on the marked price of a furniture item. After giving the discount, he gains a profit of 30%. If his profit is Rs. 900, what...
An item is sold for Rs. 135 more when its profit margin is 20% compared to when it incurs a 40% loss. Determine the original cost price of this item.
Pankaj purchased a machine for Rs. 79,000 and spent Rs. 4000 on repair and Rs. 3000 on transport and sold it with 25% profit. At what price did he sell ...
The profit earned by selling an article for Rs. 8,600 is 7/12th the loss incurred on selling the same article for Rs. 5,700. Find the selling price of t...
A school bag is sold for Rs.450 after giving two successive discounts of 10% and 20%. If school bag is marked up by Rs.300 above its cost price, then fi...
