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Commerce · Q1186

Accounting

Graduate and Post Graduate · Commerce · question 1186

Q1186

If cost is Rs. 48,000 and gross profit is 20% on sales then calculate amount of gross profit?

A.
Rs. 12,000
Answer
B.
Rs. 60,000
C.
Rs. 8,000
D.
Rs. 24,000

Answer: Option A

Solution

Answer: Option A
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