Question

events that took place in the mid-19 century outside
the Philippines that might have influenced the young Jose Rizal in charting the course of
his ideals, missions, and aspirations for the Philippines​

Answer 1

Answer:

Answer:

Gross Profit is Rs. 54,000

Explanation:

Given :  

Sales = Rs. 2,00,000

Purchases = Rs. 1,30,000

Wages = Rs. 18,000

Closing Stock = Rs. 22,000

Opening Stock = Rs. 20,000

To find :  

G00s profit

Solution :

Gross Profit = Net Sales - Cost Of Goods Sold  

Net Sales = Rs 2,00,000  

Cost of Goods Sold = ??

___________________________

Cost of Goods Sold = Opening Stock + Purchases + Wages - Closing Stock  

⇒ 20,000 + 1,30,000 + 18,000 + 22,000  

⇒ 1,68,000 - 22,000  

⇒ 1,46,000

Cost of Goods Sold = Rs. 1,46,000

___________________________

Gross Profit :

Gross Profit = Net Sales - Cost of Goods Sold

⇒ 2,00,000 - 1,46,000  

⇒ 54,000

Gross Profit = 54,000    

Therefore, Gross Profit = Rs 54,000