Question

Calculate The Net Profit For The Year Ending 31.03.2020 Opening Stock Rs. 1,50,000; Purchase Rs. 2,50,000; Manufacturing Expenses Rs. 80,000; Selling Expenses Rs. 20,000; Administration Expenses Rs. 10,000; Financial Charges Rs. 5,000; Sales Rs. 5,55,000 Which Includes Damaged Goods Sold For Rs. 5,000 Against The Cost Price Of Rs. 12,000. Gross Profit Margin On Normal Sales Is 20% On The Sales​

Answer 1

$\huge{\tt{\red{}\red{A}\purple{n}\pink{s}\blue{}\orange{w}\green{e}\gray {r}\red{}}}$

Refer the attachment

Step-by-step explanation:

Calculate The Net Profit For The Year Ending 31.03.2020 Opening Stock Rs. 1,50,000; Purchase Rs. 2,50,000; Manufacturing Expenses Rs. 80,000; Selling Expenses Rs. 20,000; Administration Expenses Rs. 10,000; Financial Charges Rs. 5,000; Sales Rs. 5,55,000 Which Includes Damaged Goods Sold For Rs. 5,000 Against The Cost Price Of Rs. 12,000. Gross Profit Margin On Normal Sales Is 20% On The Sales.

Answer 2

Answer :

Sale - Opening stock - purchase - manufacturing expenses -(cost of damage goods - sale of damage goods) = 68000