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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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