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Commerce · Q1620

Accounting

Graduate and Post Graduate · Commerce · question 1620

Q1620

Find gross profit/gross loss if, Cost of goods sold Rs. 7,900 Sales Rs. 11,000 Purchase Rs. 3,000

Find gross profit/gross loss if,
Cost of goods sold Rs. 7,900
Sales Rs. 11,000
Purchase Rs. 3,000
A.
Rs. 8,000
B.
Rs. 4,900
C.
Rs. 3,100
Answer
D.
Rs. 100 (Profit)

Answer: Option C

Solution

Answer: Option C
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