Accountancy, asked by santhiya0606, 6 months ago

Calculate Gross profit : Opening stock Rs. 10,000, Purchases Rs. 50,000, Sales Rs. 1,00,000 and Closing stock Rs.5,000.​

Answers

Answered by ajathashathru
3

Answer:

Gross Profit = Rs.45000/-

Explanation:

GROSS PROFIT = Sales + closing stock - (opening stock + Purchases)

= 100000 + 5000 - (10000 + 50000)

=105000 - 60000 = 45000

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