Question

की राशि बराबर होगा-
(अ)₹ 25,000 (ब) ₹20,000 (स)₹ 33,333
If the rate of gross profit for department Ais 25% of the cost and its sales amount ₹ 1,00,000,
then the amount of gross profit will equal to :
12000​

Answer 1

Gross Profit is calculated by the below equation:

Gross Profit = Sales - Cost of goods sold

In the given situation, gross profit is 20% on the cost of goods sold.

Hence, assume cost of goods sold is 100, than the sales will be Rs.100+ Rs.20 i.e. Rs.120

Accordingly

Cost of goods sold will be = Rs.150000 * 100

120

Cost of goods sold = Rs. 125000

Therefore Gross Profit = Cost of Goods sold * 20%

Gross Profit = Rs.125000 * 20%

Gross Profit = Rs.25000

Answer 2

Answer:

The amount of Gross Profit will be ₹ 20,000

Explanation:

Given :

Sales amount = ₹ 1,00,000

Gross profit = 25 % of the cost

To find :

The amount of Gross Profit

Solution :

Gross Profit = Net Sales - Cost of Goods Sold

Let,

Cost of Goods Sold = x

Net Sales = Cost of Goods Sold + Gross Profit

⇒ 1,00,000 = x + 25 % of x

⇒ 1,00,000 = x + 0.25 x

⇒ 1,00,000. = 1.25x

⇒ $x \: \: = \dfrac{1,00,000}{1.25}$

⇒ $x \:=\: 80,000$

Cost of Goods Sold = ₹ 80,000

★ Gross Profit = Net Sales - Cost Of Goods Sold

⇒ 1,00,000 - 80,000

⇒ 20,000

Gross Profit = ₹ 20,000

Therefore,

The amount of Gross Profit will be ₹ 20,000

$\rule{300}{1.5}$

★ Verification :

According to the Question :

Gross profit = 25 % of the cost

Gross profit = ₹ 20,000

Cost of Goods Sold = ₹ 80,000

⇒ 25 % of 80,000

⇒ 20,000