Calculate Gross Profit Ratio from the following information
Revenue from Operations ₹10,00,000; Purchases ₹3,60,000; Carriage Inwards ₹50,000; Employee benefit Expenses ₹1,00,000 (including Wages of ₹60,000); Opening Inventory ₹60,000 and Average Inventory ₹80,000.
Mark-4, CBSE: 2024-25/Sample/Q-33*
Answer :