Accountancy, asked by sadhnas501, 2 months ago

opening inventory 200000 closing inventory 120000 inventory turnover ratio 8 times selling price 25 %above cost calculate gross profit ratio

Answers

Answered by vickyvishal2001

0

Answer:

20%

Explanation:

Av. stock =1,60,000

CGS=12,80,000

Gp=3,20,000

Ro=16,00,000

GPR=20% ans

plz respond me

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