Question - 57

From the following calculate gross profit ratio, operating ratio and net profit ratio:

Opening stock Rs. 45,000, Purchase Rs. 1,80,000, Sales Rs. 3,10,000, Sales returns Rs. 10,000, Wages Rs. 5,000, Closing stock Rs. 50,000, Exp. Rs. 60,000, sales and distribution exp. Rs. 12,000.

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