What will be the amount of Gross Profit if revenue from operations are Rs8 00 000 and Gross Profit R...........

What will be the amount of Gross Profit, if revenue from operations are Rs8,00,000 and Gross Profit Ratio 20% of revenue from operations?

Rs1,60,000

Rs1,00,000

Rs1,20,000

Rs5,00,000

- The Gross Profit is determined by applying the Gross Profit Ratio to the revenue from operations.

- Given that Revenue from Operations is Rs 8,00,000 and the Gross Profit Ratio is 20%, the calculation is straightforward:

- Gross Profit = Revenue from Operations x Gross Profit Ratio

- Gross Profit = Rs 8,00,000 x 20% = Rs 1,60,000.

Correct Answer: Rs 1,60,000

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