Question
Use the financial data below to answer the questions: Reserves = Rs. 6,00,000 | Share Capital (Equity) = Rs. 4,00,000 | Debt-to-Net Worth Ratio = 0.5 Asset Turnover Ratio = 2:1 | Gross Profit Margin = 30% of Net Sales Based on the data provided, what is the Gross Profit amount?
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