Accountancy, asked by palakdholakia06, 5 months ago

the rate of gross profit is 20¥ on cost and the amount of cost is rs.100000. The amount of sales will be Rs.

Answers

Answered by sangeeta9470

1

Answer:

gross profit = cost × rate of profit

= 100000×20/100

= 20000

sale= cost + gross profit

= 100000+20000

=120000

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