Question

What will be he Gross profit If closing Stock *1,40,000; wages 180,000 salary 60,000; Sales +13,76,000 and Adjusted purchases *11,00,000.
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Answer 1

What would be gross profit from the following information:

Opening stock Rs. 20,000, Purchases Rs. 100000, Wages Rs.11,000,Sales Rs. 150,000, Closing stock 11,000

rs 30,000

Opening Stock 22,000

Closing Stock 25,000

Purchases less return 10,000

Gross profit margin(on sales) 20%

The sales of the company will be_______.

rs 133750