Question
A firm produced goods of Rs. 80,000 and spent Rs. 6,000 on carriage outward. At the end of the year, cost of goods still unsold was Rs. 2,000. Sales during the year were Rs. 1,00,000. What is the gross profit earned by the firm?
More Accounts Questions
- In which of the following situations is it most likely to obtain multiple Internal Rates of Return (IRRs)?
- An investment of ₹10 lakh yields ₹4L, ₹3L, ₹2L, ₹1L over four years. What is the payback period?
- Which of the following books is NOT mandated to be maintained under the Companies Act, 2013?
- Expand CRILC
- Provision for Bad & Doubtful Debt is created in anticipation of actual bad debts on the basis of:
- A company chooses not to record a small calculator worth ₹500 as a fixed asset. Which concept is being applied?
- When an acquisition is made by issuing shares, the purchase consideration is measured at what value?
- Government audit is conducted by the department maintained by government of India is known as:
- A company has issued non-convertible debentures. Which of the following is true?
- What is the total budgetary support approved by the Cabinet for the Pradhan Mantri Ujjwala Yojana (PMUY) targeted subsidy for FY 2025–26?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)