Question

if sales is Rs 900000 and gross profit is Rs 250000 then the cost of goods sold is
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Answer 1

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• Sales ; SP = Rs 900000
• Gross profit ; P = Rs 250000

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• The cost of goods sold

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$\large\purple{\fbox{P = SP - CP}}$

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$P = SP - CP$

=> $CP = SP - P$

=> $CP = Rs 900,000 - Rs 250,000$

=> $CP = Rs 650,000$

$\\\bf\blue{The\:cost\:of\: goods\: sold}$

$\bf\blue{is =}\bf\purple{ Rs\: 650,000 }$

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Answer 2

$\red{\bigstar \large\underline{\boxed{\bf\pink{Answer:-}}}}$

The cost of the goods sold is

$p = sp - cp$

$cp = sp - p$

$cp = 900,000Rs- Rs 250,000$

The cp means the cost price is RS 650,000

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