Question

Opening Stock= 22,000Closing Stock= 25,000Purchase return= 11,000Gross Profit on sales= 20%then Sales=?With full explanation plz.

Answer 1

Answer:

let the sales be a

cost of goods sold =22000 +11000-25000  =8000

GP=SALES-COGS

20÷100× X =X - 8000

X = 10000

Explanation:

Answer 2

Let the sales be x

Costs of good sold=22000+11000-25000=8000

20÷100×xX=X-8000

=10000