Question

• If sales 200000; % of G.P. Is 20%
find out net profit if salary given to
employee is 10000​

Answer 1

Explanation:

given

sales = 200000

% of G.P. is 20%

salary 10000

G.P is 20% on Sales = 20% on 200000 = 40000

therefore GP = 40000

net profit = GP - salary

Net profit = 40000 - 10000

Net Profit = 30000