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Commerce · Q2627

Accounting

Graduate and Post Graduate · Commerce · question 2627

Q2627

If the rate of gross profit is 25% on cost by goods sold and the sales are Rs. 200000, the amount of profit will be . . . . . . . .

A.
Rs. 50000
B.
Rs. 40000
Answer
C.
Rs. 45000
D.
Rs. 65000

Answer: Option B

Solution

Answer: Option B
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