(xv) 9(x-1) = 2(3x - 1)
Answers
Step-by-step explanation:
Answer:
B) Rs. 60,000
Gross Profit = Rs. 60,000
Explanation:
Given :
Sales = Rs. 3,00,000
Purchases = Rs. 2,10,000
Wages = Rs. 40,000
Opening stock = Rs. 10,000
Closing stock = Rs. 20,000
To find :
Gross Profit
Solution :
Sales = Rs. 3,00,000
Cost of Goods sold = ?
\boxed{\sf{COGS= Ope.ning \: Stock + Purchases + Wages - Closing \: Stock}}
COGS=Ope.ningStock+Purchases+Wages−ClosingStock
\sf{\longrightarrow} \: 10,000 + 2,10,000 + 40,000 - 20,000⟶10,000+2,10,000+40,000−20,000
\sf{\longrightarrow} \: 2,40,000⟶2,40,000
Cost Of Goods Sold = Rs. 2,40,000
\boxed{\sf{Gross \: Profit = Net \: Sales - Cost \: Of \: Goods \: Sold}}
GrossProfit=NetSales−CostOfGoodsSold
\sf{\longrightarrow} \: 3,00,000 - 2,40,000⟶3,00,000−2,40,000
\sf{\longrightarrow} \:60,000⟶60,000
∴ Gross Profit = Rs. 60,000
Step-by-step explanation: