Accountancy, asked by Vaibhav3699, 8 months ago

A trader carries an average stock valued at cost price of RS. 40000 and turnover 5 timesper year.If he marks his stock by 20% on selling price, what is his gross profit for the year?

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Answered by Aarushi193

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Please mark as brainliest answer

hope this helps.........!!!

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