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