Question

If gross profit is 80000 which is 20% of sales then the amount of sales is?​

Answer 1

let the sales amount be x

20% of the X is the profit (80000)

that is

$\frac{20}{100} \times x = 80000$

then

$x = \frac{80000 \times 100}{20}$

x = 80000×5

x = 400000

Answer 2

Answer:

Amount of Sales = 4,00,000/-

Step by Step Explanation:

Let the sales amount to x.

Given : Gross profit is 80000 which is 20% of sales.

To find : Sales

Calculations,

According to question;

Gross profit = 80,000

20% of x = 80,000                                    (as gross profit is 20% of sales)

$\frac{20}{100}$  (x) = 80,000

$\frac{1}{5}$ (x) = 80,000

x = 80,000 X 5 = 4,00,000/-

Amount of Sales = 4,00,000/-

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