Question

If sales are 2000 and the rate of G.P on cost of goods sold is 25%, then the cost of goods sold will be

​

Answer 1

Answer:

(2000*4)/5= =1600 ans

Answer 2

Cost of good Sold is Rs. 1,600

Explanation:

Given:

Sales value = 2,000

Gross Profit Rate = 25% on Cost Of Good Sold

Cost Of Good Sold (P) = ?

Calculation :

Sales = Cost Of Good Sold + Gross Profit

2,000 = Cost Of Good Sold + (Cost Of Good Sold x 25%)

2,000 = P + 0.25 P

2,000 = 1.25 P

2,000 / 1.25 = P

1,600 = Cost of Goods Sold

Therefore, Cost of good Sold is Rs. 1,600

Learn more:

https://brainly.in/question/13290674

#learnwithbrainly