Question

Calculate Gross Profit from the following information:
(1) Sales: Rs. 2,50,000
(2) Sales returned Rs. 20,000
(3) Purchases Rs. 50,000
(4) Opening Stock Rs. 20,000 (5) Wages Rs. 5,000
(6) Octroi Rs. 6,000
(7) Closing stock Rs. 21,000 ​

Answer 1

Explanation:

this is the ans

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