Question

What is the Formula to
*
Calculate Gross Profit.
Total sales - Return Inwards
Net Sales / Gross Profit x 100
o o
Gross Profit / Net Sales x 100
o
Net Sales - Gross Profit​

Answer 1

Explanation:

gross profit=gross profit/total sale ×100

Answer 2

This is the answer, see the attached image. Hope it helps☺