Question

percentage of gross profit on cost of sales 25%and sales 300000 find cost of goods sold ?

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Answer 1

Answer:

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Explanation:

25/100*300000

= 7500

Answer 2

Answer:

240000

Explanation:

let the CP be x

25/100×x+x=300000

1/4x+x=300000

X/4+4x/4=300000

5x/4=300000

X=300000×4/5

x=60000×4

x=240000

I think my ans is right