Question

If opening stock is Rs 15000 purchase Rs 37500 direct expense Rs 1500 closing stock Rs 7500 operating expenses Rs 3000 sales Rs 60000 during the year what is the net profit

Answer 1

Answer:

Step-by-step explanation:Opening stock + Purchases − Closing stock = Cost of goods sold;

15000−1500+30,000−6,000=37,500.