Accountancy, asked by rizwand524, 1 year ago

What is the amount of gross profit when net purchases Rs.50,000, net sales Rs. 80,000 and sales returns Rs. 10,000

Answers

Answered by vkrithika067

2

Explanation:

gross profit : net Puchases + net sales - net returns

gross: 50000 + 80000-10000

therefore the gross profit is 120000

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