Calculate the gross profit and cost of goods sold from the following information: Net Sales – ₹ 9,00,000
Calculate the gross profit and cost of goods sold from the following information:
Net Sales – ₹ 9,00,000
Gross Profit is 20% on cost
[Ans. Gross Profit : ₹ 1,50,000; Cost of Goods Sold : ₹ 7,50,000]
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