Accountancy, asked by itsmesanyo29, 7 months ago

Opening stock *50.000 closing stocks 40.000. purchases 1.90.000, profit margin is 16.67% on the sales, then sales are? ​

Answers

Answered by AshrafMukhtar
4

Answer:

Net Sales _ 2,33,340

Explanation:

Gross Sale will be Opening Stock added Purchase deducted Closing Stock... added the profit ratio as

gross sale will be 200000

Net sale will be (200000*116.67)/100= 233340

Answered by msoren672
2

Hope it's help you !

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