Calculate Gross Profit Ratio from the following information: 

Average Inventory ₹1,60,000; Inventory Turnover Ratio 8 times, Average Trade Receivables ₹2,00,000; Trade Receivables Turnover Ratio 6 times and Cash Sales 25% of Total Sales.

Marks-4, CBSE:2022-23/Zone-3/Set-1/Q-33*