Cost of Production is Rs 20,64,070, Opening
Stock of Finished goods is Rs 45,280 and
Closing Stock of Finished Goods is Rs 50,240,
Cost of Goods Sold is
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Gross profit = Sales - Cost of goods sold
put the values and solve it
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This discussion on If cost of goods sold is Rs. 80700, Opening stock Rs. 5800 and Closing stock Rs. 6000. Then the amount of purchase will bea)Rs.
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