Calculate the amount of gross profit and operating profit on the basis

1.	Calculate the amount of gross profit and operating profit on the basis of the following balances extracted from the books of M/s Rajiv & Sons for the year ended 31st March, 2016 Amt (Rs.)Opening stock 50,000Net sales11,00,000Net purchases 6,00,000Direct expenses 60,000Administration expenses 45,000Selling and distribution expenses 65,000Loss due to fire 20,000Closing stock 70,000
Answer» Calculate the amount of gross profit and operating profit on the basis of the following balances extracted from the books of M/s Rajiv & Sons for the year ended 31st March, 2016 $\begin{matrix} Amt (Rs.) Opening stock & 50, 000 Net sales & 11, 00, 000 Net purchases & 6, 00, 000 Direct expenses & 60, 000 Administration expenses & 45, 000 Selling and distribution expenses & 65, 000 Loss due to fire & 20, 000 Closing stock & 70, 000 \end{matrix}$

Calculate the amount of gross profit and operating profit on the basis of the following balances extracted from the books of M/s Rajiv & Sons for the year ended 31st March, 2016 Amt (Rs.)Opening stock 50,000Net sales11,00,000Net purchases 6,00,000Direct expenses 60,000Administration expenses 45,000Selling and distribution expenses 65,000Loss due to fire 20,000Closing stock 70,000

Answer»

Calculate the amount of gross profit and operating profit on the basis of the following balances extracted from the books of M/s Rajiv & Sons for the year ended 31st March, 2016

$\begin{matrix} Amt (Rs.) Opening stock & 50, 000 Net sales & 11, 00, 000 Net purchases & 6, 00, 000 Direct expenses & 60, 000 Administration expenses & 45, 000 Selling and distribution expenses & 65, 000 Loss due to fire & 20, 000 Closing stock & 70, 000 \end{matrix}$

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