Question
What is an operating profit?
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| Amt (Rs.) | |
| Cost of goods sold | 45,00,000 |
| Sales | 72,00,000 |
| Closing Stock | 2,40,000 |
|
|
₹
|
|
Opening Stock
|
32,000
|
|
Purchases
|
2,80,000
|
|
Direct Expenses
|
20,000
|
|
Indirect Expenses
|
45,000
|
|
Closing Stock
|
50,000
|
|
Sales
|
4,00,000
|
|
Sales Returns
|
8,000
|

| ₹ | |
| Capital at the end of the year. | 5,00,000 |
| Capital in the beginning of the year. | 7,50,000 |
| Drawings made during the period. | 3,75,000 |
| Additional Capital introduced. | 50,000 |