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What will be the revenue from operations when the following data is available?
Sales = ₹ 20,00,000
Sales Return = ₹ 1,00,000
Sale of Scrap = ₹ 40,000
Sales = ₹ 20,00,000
Sales Return = ₹ 1,00,000
Sale of Scrap = ₹ 40,000
- a)₹ 20,00,000
- b)₹ 19,00,000
- c)₹ 19,40,000
- d)None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What will be the revenue from operations when the following data is av...
Revenue from operations = Sales - Sales return + Sale of scrap = 20,00,000 - 1,00,000 + 40,000
= ₹ 19,40,000
= ₹ 19,40,000
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What will be the revenue from operations when the following data is av...
Understanding Revenue from Operations
To calculate the revenue from operations, we need to consider the sales, sales returns, and any additional income from the sale of scrap. Here’s how to break it down:
Step 1: Identify Sales
- Total Sales: 20,00,000
Step 2: Account for Sales Returns
- Sales Return: 1,00,000
- This amount represents the sales that were returned by customers and must be deducted from the total sales.
Step 3: Include Sale of Scrap
- Sale of Scrap: 40,000
- This is additional income that contributes to revenue.
Step 4: Calculate Revenue from Operations
- Start with Total Sales: 20,00,000
- Deduct Sales Returns: 20,00,000 - 1,00,000 = 19,00,000
- Add Sale of Scrap: 19,00,000 + 40,000 = 19,40,000
Final Calculation
The revenue from operations is calculated as follows:
- Revenue from Operations = (Total Sales - Sales Returns) + Sale of Scrap
- Revenue from Operations = (20,00,000 - 1,00,000) + 40,000 = 19,40,000
Thus, the correct answer is option 'C' - 19,40,000.
This amount represents the effective revenue generated from the business operations after accounting for returns and additional income from scrap sales.
To calculate the revenue from operations, we need to consider the sales, sales returns, and any additional income from the sale of scrap. Here’s how to break it down:
Step 1: Identify Sales
- Total Sales: 20,00,000
Step 2: Account for Sales Returns
- Sales Return: 1,00,000
- This amount represents the sales that were returned by customers and must be deducted from the total sales.
Step 3: Include Sale of Scrap
- Sale of Scrap: 40,000
- This is additional income that contributes to revenue.
Step 4: Calculate Revenue from Operations
- Start with Total Sales: 20,00,000
- Deduct Sales Returns: 20,00,000 - 1,00,000 = 19,00,000
- Add Sale of Scrap: 19,00,000 + 40,000 = 19,40,000
Final Calculation
The revenue from operations is calculated as follows:
- Revenue from Operations = (Total Sales - Sales Returns) + Sale of Scrap
- Revenue from Operations = (20,00,000 - 1,00,000) + 40,000 = 19,40,000
Thus, the correct answer is option 'C' - 19,40,000.
This amount represents the effective revenue generated from the business operations after accounting for returns and additional income from scrap sales.
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What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer?.
What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of What will be the revenue from operations when the following data is available?Sales = 20,00,000Sales Return = 1,00,000Sale of Scrap = 40,000a) 20,00,000b) 19,00,000c) 19,40,000d)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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