The rate of gross profit on sales is 25% calculate the gross profit if cost of sales is 100000 rupees
Answers
Answered by
1
Answer:
t8sr8dpji4w48dyofpudr8st8vif5s
Answered by
1
Gross Profit = 33,333.34
Step-by-step explanation:
Given:
Gross profit rate = 25%(on sales) = 0.25
Cost of Goods sold = 1,00,000
Gross profit = ?
Computation:
Gross profit = Sales x Gross Profit rate
Gross profit = (Cost of goods sold + Gross profit ) x Gross profit rate
Gross profit = (1,00,000 + Gross profit ) x 0.25
Gross profit = 25,000 + 0.25 Gross profit
Gross profit - 0.25 Gross profit = 25,000
0.75 Gross profit = 25,000
Gross profit = 25,000 / 0.75
Gross Profit = 33,333.34
Learn more:
https://brainly.in/question/2383348
brainly.in/question/6925281
#learnwithbrainly
Similar questions