Questions: 12. Mr. James submits you the following information for the year ended 31.3.2001:Stock as on 1.4.2000 -150000Purchases - 437000Manufacturing Exp. -85000Expenses on Sales -33000Expenses on Administration - 18000Financial Charges - 6000Sales - 625000During the year damaged goods costing 12,000 were sold for 5,000. Barring the above Trans-action the Gross Profit has been @ 20% on Sales.Calculate net profit of Mr. James for the year 31.3.2001
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Answered by
33
Answer:₹60000
Explanation:
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Answered by
4
Answer:
60000
Explanation:
625000-5000=620000×20%-33000-18000-6000-7000
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