Question

(Ans. Gross Profit Ratio 40%)
a gross profit of
(Ans. Gross Profit
4. Calculate Gross Profit Ratio from the following information:
Cash Sales being 25% of Total Sales, Purchases 3,45,000, Credit Sales 3,00.000. Excess of
Closing Stock over Opening Stock 25,000.​

Answer 1

Answer:

20000

Explanation:

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