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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 2 · Set 2 · Q28
If revenue from operations is ₹ 9,00,000, gross profit is 25% on cost and operating expenses are ₹ 90,000, the operating ratio will be:
If revenue from operations is ₹ $\displaystyle 9,00,000$ , gross profit is $\displaystyle 25$% on cost and operating expenses are ₹ $\displaystyle 90,000$, the operating ratio will be :
Official answer
(C)
$\displaystyle 90$%
Marking-scheme solution
(c)
$\displaystyle 90$%
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.