Accountancy, asked by arti115, 6 months ago

if sales is Rs 900000 and gross profit is Rs 250000 then the cost of goods sold is.....

Answers

Answered by kottapallsravya

2

Answer:

650,000

Explanation:

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Answered by tejasgupta

6

Answer:

Rs. 6,50,000

Explanation:

We know that Gross Profit equals Sales - Cost of Goods Sold.

So,

Cost of Goods Sold = Sales - Gross Profit

= Rs. 9,00,000 - Rs. 2,50,000

= Rs. 6,50,000

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