Calculate gross profit and cost of goods sold from the following information: Net Sales – ₹ 12,00,000
Calculate gross profit and cost of goods sold from the following information:
Net Sales – ₹ 12,00,000
Gross Profit – 331/3% on Sales
[Ans. Gross Profit ₹ 4,00,000; Cost of goods sold ₹ 8,00,000]
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