Accountancy, asked by prachesjain, 5 months ago

gp 20% on sales , cost of good sold 600000
calculate the gross profit

Answers

Answered by sangeeta9470
2

Answer:

cost of goods sold = sale-gross profit

600000. = x-x×20/100

600000 = x-x/5

600000 = 5x-x/5

600000= 4x/5

4x= 3000000

x= 3000000/4

x= 750000

sale ÷ 750000

gross profit = 750000- 600000

=150000

Explanation:

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Answered by negivandna
2

Answer:

Percentage on sales = 20%

Cost of goods sold = 6,00,000.

So,the gross profit is 6,00,000 × 20 % 100

= 1,20,000.

Thanks.

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