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From the following particulars calculate

a) Gross profit ratio
b) Net profit ratio
and
c) Operating profit ratio.
Sales Rs. 5,00,000; Cost of goods sold Rs. 3.00.000; Operating expenses Rs.
1,00,000; Non-operating expenses Rs. 20.000.

User Zoilo
by
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1 Answer

5 votes

Final Answer:

The required ratios are:

  • a) Gross profit ratio = 40%
  • b) Net profit ratio = 16%
  • c) Operating profit ratio = 20%

Step-by-step explanation:

To calculate the required ratios, we need to use the given information:

  • Sales: Rs. 5,00,000
  • Cost of goods sold: Rs. 3,00,000
  • Operating expenses: Rs. 1,00,000
  • Non-operating expenses: Rs. 20,000

a) Gross profit ratio:

Gross profit is calculated by subtracting the cost of goods sold from sales.

Gross Profit = Sales - Cost of goods sold

Gross Profit = Rs. 5,00,000 - Rs. 3,00,000

Gross Profit = Rs. 2,00,000

Gross Profit Ratio = (Gross Profit / Sales) * 100

Gross Profit Ratio = (2,00,000 / 5,00,000) * 100

Gross Profit Ratio = 40%

b) Net profit ratio:

Net profit is calculated by subtracting both operating and non-operating expenses from the gross profit.

Net Profit = Gross Profit - Operating expenses - Non-operating expenses

Net Profit = Rs. 2,00,000 - Rs. 1,00,000 - Rs. 20,000

Net Profit = Rs. 80,000

Net Profit Ratio = (Net Profit / Sales) * 100

Net Profit Ratio = (80,000 / 5,00,000) * 100

Net Profit Ratio = 16%

c) Operating profit ratio:

Operating profit is calculated by subtracting only the operating expenses from the gross profit.

Operating Profit = Gross Profit - Operating expenses

Operating Profit = Rs. 2,00,000 - Rs. 1,00,000

Operating Profit = Rs. 1,00,000

Operating Profit Ratio = (Operating Profit / Sales) * 100

Operating Profit Ratio = (1,00,000 / 5,00,000) * 100

Operating Profit Ratio = 20%

User Igordc
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