Accountancy, asked by rohiniwanjari7, 3 months ago

Question No. 8
• If Sales 500000,Op. stock Rs.
100000, Purchases Rs. 200000,wages
Rs. 50000 Salary Rs. 50000 what is the
Gross Profit?
Answer

Answers

Answered by sangeeta9470

0

Answer:

Gross profit = sales - cost of goods sold

cost of goods sold = opening stock +purchase +wages

= 100000+200000+50000=350000

Gross profit = 500000-350000=150000

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