Question
Find the gross profit based on the following
information. Opening stock ₹10,000 Credit purchase ₹50,000 Cash purchase ₹60,000 Return inward ₹10,000 Cash sales ₹75,000 Credit sales ₹90,000 Return outward ₹8,000 Closing stock ₹20,000 Carriage outward ₹5,000Solution
The correct answer is A
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