Accountancy, asked by subhammishra600, 1 year ago

find the cost of goods sold for Rs 2000 at 25% profit on cost.

Answers

Answered by niteshjain
1
First we will find the profit
= 2000×.25
=500
Thus the profit made is ₹500

Therefore the cost of the goods is
= 2000- 500 = ₹1500
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