Accountancy, asked by mwchang, 1 year ago

cost of goods sold is equal to
1) sales × gross profit
2) sales + gross profit
3) sales - gross profit
4) sales + gross profit

Answers

Answered by lavanya1729
4
2 is the right answer...plzz mark my answer as brainlist

mwchang: Are you sure
karwasra: lol
lavanya1729: yss
karwasra: no dude wrong ans
karwasra: SP - Profit = CP
karwasra: and SP = CP + gross profit
lavanya1729: but i m right...
lavanya1729: thanks dude
Answered by karwasra
3
sales - gross profit is your CP

So CP + gross profit = SP ( Answer)

here CP is cost of good


mwchang: which one correct answer
lavanya1729: my answer is correct
lavanya1729: even i am a commerce student
karwasra: no 2 and no 4 after sell cost of good known as SP ( sell price )
lavanya1729: plzz mark my answeras brainliest
karwasra: and SP = Cp + profit
lavanya1729: i am right naa..
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