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:
Revenue from
Operations ₹10,00,000: Cost of Revenue from
Operations ₹4,00,000; Selling Expenses ₹80,000; Administrative
Expenses ₹1,20,000.
Goods were sold
at a profit of 25% on cost.
(CBSE 2023 C)
Answer:
Operation Cost = Revenue from
Operations + Operating Expenses
Operation Cost = 4,00,000+ (80,000+1,20,000)= 2,00,000
Operating Ratio= Operation Cost ÷ Revenue from Operations × 100
Operating Ratio= 6,00,000 ÷
10,00,000 × 100 = 60%
Question 149:
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 150:
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
Ts Grewal Solution 2025-2026
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Class 12 / Volume – III
Chapter 4 – Accounting Ratios