Question 2 From the following information, Calculate A. Gross Profit Ratio, B. Net Profit Ratio (3Marks) particulars Amount (RO) Inventory (1-1-2020) 80000 Inventory (31-12-2020) 60000 Carriage Inwards 5000 Carriage outwards 10000 Purchases 85000 Administration Expenses 6000 Purchase returns 3000 Sales discount 2000 Rent Expenses 6000 Salary Expense 4000 Commission received 16000 Commission received 8000 Sales 155000 Sales returns 3000