Q. Net Profit ratio is calculated by (Solved)
1. (gross profit/gross sales) *100
2. (gross profit/net sales) *100
3. (net profit/net sales) *100
4. none of the above
- c. (net profit/net sales) *100
1. (gross profit/gross sales) *100
2. (gross profit/net sales) *100
3. (net profit/net sales) *100
4. none of the above