gross profit ratio from the following gross profit 27000, cost of sales 33000, opening stock 12000 closing stock 16000
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Answer:
45%
Explanation:
GPR = GP/Sales ×100% = 27000/60000 ×100% =45%
Sales = Cost of Sales + GP = 60000
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Ascertain the Gros's profit Ratio the following Gross profit 27,000 cost of Sales 33,000 Opening stock 12,000 Closing Stock16,000
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