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    5. A firm produced goods of Rs. 80,000 and spent Rs. 6,000 on carriage outward. At the end of the year,

    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?
    A Rs. 80,000 Correct Answer Incorrect Answer
    B Rs. 78,000 Correct Answer Incorrect Answer
    C Rs. 79,000 Correct Answer Incorrect Answer
    D Rs. 82,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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