Sales Rs. 300000 purchases Rs. 210000 wages Rs. 20000 closing stock was Rs. 10000 more than opening stock. What was gross profit ?
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Answer:
80000
Step-by-step explanation:
Closing Stock = Opening Stock + Purchase + Gross Profit - Sales
10000 = 20000 + 210000 + Gross Profit - 300000
Gross Profit = 10000 + 70000
Gross Profit = 80000
Therefore, the answer will be 80000
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