A company account book reveals the following figures: Sales 2,35,126; Gross Profit 68,799; Administrative Expenses 2,456; Selling Expenses 4,789. Calculate the Operating Profit Ratio of the company.

Question

Accepted Answer

A number between 0.26 and 0.27

Section 1

Section 2

Section 3

A company account book reveals the following figures: Sales 2,35,126; Gross Profit 68,799; Administrative Expenses 2,456; Selling Expenses 4,789. Calculate the Operating Profit Ratio of the company.