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Commerce · Q1619

Accounting

Graduate and Post Graduate · Commerce · question 1619

Q1619

Opening Stock = Rs. 10,000 Purchases = Rs. 90,000 Closing stock = Rs. 28,000 Gross Profit = 10% of sales The amount of sales will be

A.
Rs. 60,000
B.
Rs. 72,000
C.
Rs.80,000
Answer
D.
Rs. 90,000

Answer: Option C

Solution

Answer: Option C
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