Q.

Cash sales of the company is Rs. 10,00,000 and Credit sales is Rs. 25,00,000. What would be Gross Prfit Ratio of the company if Gross profit amounts to Rs. 5,25,000 ?

A. 21.00%
B. 0.525
C. 15.00%
D. 35.00%
Answer» C. 15.00%
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