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The Following Information Is from the Annual Report of Thunderstruck

Question 2

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The following information is from the annual report of Thunderstruck Ltd:
Statement of financial position of Thunderstruck Ltd as at 31 December 201X
The following information is from the annual report of Thunderstruck Ltd: Statement of financial position of Thunderstruck Ltd as at 31 December 201X Income statement extract of Thunderstruck Ltd for the year ended 31 December 201X \begin{array} { l r } \text { Revenue } & 250 \\ \text { Gross profit } & 75 \\ \text { Operating profit } & 45 \\ \text { Profit for the period } & 25 \end{array} From the information provide above,calculate the gross profit ratio A) 40% B) 30% C) 10% D) 20%
Income statement extract of Thunderstruck Ltd for the year ended 31 December 201X
 Revenue 250 Gross profit 75 Operating profit 45 Profit for the period 25\begin{array} { l r } \text { Revenue } & 250 \\\text { Gross profit } & 75 \\\text { Operating profit } & 45 \\\text { Profit for the period } & 25\end{array}
From the information provide above,calculate the gross profit ratio


A) 40%
B) 30%
C) 10%
D) 20%

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