Question
Which one of the following denotes Gross
Profit?Solution
Gross profit = sales less cost of goods sold.
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A shopkeeper purchased an article for Rs. ‘a’ and marked it 125% above its cost price and sold it after giving two successive discounts of 250 and 1...
A company produces two types of products, A and B. The production cost per unit for product A is ₹600 and for product B is ₹800. The company produce...
The cost price of 15 mangoes is Rs.220. Because of bad quality of mangoes, the shopkeeper has to sell mangoes at a loss that is equal to selling price o...
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