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    Question

    Consider the following information : Rate of

    gross profit-25% on cost of goods sold Sales - ₹ 20,00,000 Which one of the following is the amount of gross profit?
    A ₹ 5,00,000 Correct Answer Incorrect Answer
    B ₹ 6,25,000 Correct Answer Incorrect Answer
    C ₹ 3,75,000 Correct Answer Incorrect Answer
    D ₹ 4,00,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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