Question

Calculate the missing values in the following cases.

Cost of goods sold Gross Profit % Sales

? 20% of sales 1,87,500

2,25,000 20% on cost of

goods sold ?

? 30% 2,50,000

. ? 25% on cost of

goods sold 5,00,000​

Answer 1

Answer:

Rahim sold goods (cost price Rs.2, 000) for Rs. 3,000 on cash. 3. Show the ... 2012 june 1 Started business with Rs.50, 000, paid into bank Rs.20, 000. 2 Bought ... All assets in the balance sheet are valued at their reliazable value. 7. If Mr. X ... Secured loan. 25000. Advances. 4250. Gross profit. 87500. Debtors. 37500.

Explanation: