Accountancy, asked by ranjanabania, 11 months ago

if profit is 40% on sales then how much it will be on cost

Answers

Answered by ronak2003
1

Answer:

the profit on cost is 30%

Answered by KHETAWATSACHIN
1

Answer:

66.67'% ON COST

Explanation:LET SALES=100

PROFIT ON SALES=40

COST= SALE- PROFIT

= 100-40

COST IS 60

= 40/60*100

= 66.67%

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