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12th | Accounting Ratio | Question No. 146 To 150 | Ts Grewal Solution 2024-2025

Question 146:

Cost of Revenue from Operations (Cost of Goods Sold)  `3,00,000. Operating Expenses  `1,20,000. Revenue from Operations: Cash Sales  `5,20,000; Return  `20,000. Calculate Operating Ratio.

Answer:

Net Sales= Cost of Goods sold +Gross Profit

                        =5,20,000-20,000=5,00,000

Operating Cost = Cost of Goods Sold+ Operating Expenses 

                        =3,00,000+1,20,000=4,20,000

Operating Ratio= Operating Cost/ Net Sales ×100

                        =4,20,000/5,00,000× 100=84%

 

Question 147:

Operating Ratio 92%; Operating Expenses  `94,000; Revenue from Operations  `6,00,000; Sales Return  `40,000. Calculate Cost of Revenue from Operations (Cost of Goods Sold).

Answer:

Revenue from Operations (Net Sales)=  ` 6,00,000*

Operating Ratio = 92%

Operating Ratio=Operating Cost Net Sales×100/92

=Operating Cost 6,00,000×100

Operating Cost= 6,00,000×92/100

=5,52,000

Operating Cost = Cost of Goods Sold + Operating Expenses

          5,52,000 = Cost of Goods Sold + 94,000

Cost of Goods Sold =  ` 4,58,000

*Note: Sales Return will not be considered since net sales are given which means sales return have already been adjusted in the sales figure.

Question 148:

From the following information, calculate Operating Ratio:

Cost of Revenue

 

 

Revenue from Operation:

 

from Operations (Cost of Goods Sold)

 `52,000

 

Gross Sales

 ` 88,000

Operating Expenses

 `18,000

 

Sales Return

 ` 8,000

 

Answer:

Net Sales = Gross Sales - Sales Return               

= 88,000 - 8,000 =  ` 80,000

Operating Cost = Cost of Goods Sold + Operating Expenses                      

 = 52,000 + 18,000 =  ` 70,000

Operating Ratio = Operating Cost/Net Sales × 100                         

  = 70,000/80,000 × 100 = 87.5% 

 

Question 149:

Calculate Cost of Revenue from Operations from the following information:
Revenue from Operations  ` 12,00,000; Operating Ratio 75%; Operating Expenses  ` 1,00,000.

Answer:

Given: Revenue from Operations (Net Sales)= ` 12,00,000

Operating Ratio=75%

Operating Expenses= ` 1,00,000

Find out: 

Cost of Revenue from Operations

Operating Ratio=Operating Cost/ Net Sales×100/75

=Operating Cost/12,00,000

Operating Cost= ` 9,00,000

Operating Cost=Cost of Revenue from Operations+Operating Expenses

          9,00,000=Cost of Revenue from Operations+1,00,000

Cost of Revenue from Operations= ` 8,00,000

Question 150:

Calculate Operating Ratio from the following information:
Operating Cost  ` 6,80,000; Gross Profit 25%; Operating Expenses  ` 80,000. 

Answer:

Given:

Operating Cost= ` 6,80,000

Operating Expenses= ` 80,000

Gross Profit Ratio=25%

Find out: Operating Ratio Operating Cost = Cost of Revenue from Operation+Operating Expenses 6,80,000=Cost of Revenue from Operations+80,000

Cost of Revenue from Operations= ` 6,00,000

Gross Profit=14th of sales=13rd of cost

Gross Profit=13×6,00,000= ` 2,00,000

Gross Profit Ratio=Gross Profit Net Sales×100/25=2,00,000

Net Sales×100

Net Sales= ` 8,00,000

Operating Ratio=Operating Cost/Net Sales×100                            

=6,80,000/8,00,000×100

=85%

 

Ts Grewal Solution 2024-2025

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Class 12 / Volume – III

Chapter 3 – Accounting Ratio

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