Balance Sheet

goyalsau wrote:The balance sheet for the financial year of a company shows a sale of Rs 15200. The primary cost is 25% of sales and leading costs account for 20% of the gross profit. The gross profit was determined by deducting the primary cost plus the cost of miscellaneous expenses of Rs 1200. The managing director's salary of Rs 500 per annum plus 2% of annual sales is a minimum cost. What is the percentage profit on a capital investment of Rs 20000?

28%
30%
38%
40%
45%

pesfunk wrote:Sale 15200
Primary cost = 3800
GP = 15200 - 3800 - 1200 = 10200
Leading Cost = 2040

Profit after leading cost = 8160

MD Salary = 500 + 300 = 800

FInal profit = 7360

7360 of 20000 = 38%

goyalsau wrote:The balance sheet for the financial year of a company shows a sale of Rs 15200. The primary cost is 25% of sales and leading costs account for 20% of the gross profit. The gross profit was determined by deducting the primary cost plus the cost of miscellaneous expenses of Rs 1200. The managing director's salary of Rs 500 per annum plus 2% of annual sales is a minimum cost. What is the percentage profit on a capital investment of Rs 20000?

28%
30%
38%
40%
45%

diebeatsthegmat wrote:

pesfunk wrote:Sale 15200
Primary cost = 3800
GP = 15200 - 3800 - 1200 = 10200
Leading Cost = 2040

Profit after leading cost = 8160

MD Salary = 500 + 300 = 800

FInal profit = 7360

7360 of 20000 = 38%

goyalsau wrote:The balance sheet for the financial year of a company shows a sale of Rs 15200. The primary cost is 25% of sales and leading costs account for 20% of the gross profit. The gross profit was determined by deducting the primary cost plus the cost of miscellaneous expenses of Rs 1200. The managing director's salary of Rs 500 per annum plus 2% of annual sales is a minimum cost. What is the percentage profit on a capital investment of Rs 20000?

28%
30%
38%
40%
45%

300 is from where?

pesfunk wrote:Sale 15200
Primary cost = 3800
GP = 15200 - 3800 - 1200 = 10200
Leading Cost = 2040

Profit after leading cost = 8160

MD Salary = 500 + 300 = 800

FInal profit = 7360

7360 of 20000 = 38% { this is 36.80%}