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Commerce · Q2869

Accounting

Graduate and Post Graduate · Commerce · question 2869

Q2869

Cost of goods sold is Rs. 1,00,000 rate of gross profit on sales is 20%. What is the amount of sales?

A.
Rs. 1,20,000
B.
Rs. 80,000
C.
Rs. 1,25,000
Answer
D.
None of these

Answer: Option C

Solution

Answer: Option C
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