Question

What is the amount of gross profit when net loss is ₹2000,operating expenses ₹12000 and sales ₹ 48000​

Answer 1

Here,

Total Sales value =2000

Gross Profit =25 % of Sales

= 25/100x2000

= 500 Gross Profit

Cost of Goods = Total Sales - Gross Profit

=2000-500

Cost of Goods =1500 [ That's Way option "A" is correct]