Cost of goods sold is Rs. 2,25,000. If a firm earns 25% gross profit on sales, its sales will be:
(a) Rs. 3,00,000
(b) Rs. 2,81,250
(c) Rs. 1,68,750
(d) None of the above
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Answer:
d) non of the above
Step-by-step explanation:
no need
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281250 option b
Because 25% of 2,25,000 = 562500
562500+225000=281250
Because 25% of 2,25,000 = 562500
562500+225000=281250
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