Opening Stock Purchases Question 26 Not yet answered Marked out of 1.00 Following is the profit and loss account of a limited company 3,00,000 Sales 12,40,000 6,00,000 Closing Stock 3,20,000 Flag question Gross profit c/d 6,60,000 15,60,000 15,60,000 Administration Expenses Selling and Distribution Expenses 65,000 Gross profit b/d 6,60,000 9.09 1,78,000 Net Profit 4,17,000 6,60,000 6,60,000 Calculate Net profit ratio O a. 26.13% Ob. 33.63% O c. 50.32% O d. 27.14% O e. 2.86% 10 D