Question

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

Answer 1

650000

Explanation:

COGS= SALES - GROSS PROFIT

Answer 2

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$\large\pink{\underline{\underline{\maltese{Given:-}\maltese}}}$

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

$\large\pink{\underline{\underline{\maltese{Find:-}\maltese}}}$

• 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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