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PASSAGE Given the following information: Rs. Revenue from Operations Cash Rs 200000 & Credit Rs 1. 40,000, Purchase Rs 75000, Opening Stock Rs 50000, Closing

image text in transcribed PASSAGE Given the following information: Rs. Revenue from Operations Cash Rs 200000 & Credit Rs 1. 40,000, Purchase Rs 75000, Opening Stock Rs 50000, Closing Stock Rs 25000, direct expenses Rs 20000, Selling expenses 80,000, Administrative Expenses 40,000. Please read the passage careruny and Sem Gross profit ratio will be: OPTIONS 64.71% 67.41% 61.47% 67.07%image text in transcribed

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