Accountancy, asked by rohitoraw271, 3 months ago

Calculate Gross profit : Opening stock
40000,purchases 100000,wages
10000,carriage outward 5000,sales
200000,closing stock 10000.
A. 60000
B. 55000
C. 65000
D. 50000

Answers

Answered by negivandna

0

COGS = Opening stock + purchases + wages + carriage outward - closing stock.

40000 + 100000+10000 - 5000 - 10000

135000

GROSS PROFIT = Net sales - COGS

= 200000 - 135000

= 65000.

THANKS

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