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Given Sals - Rs 2 00 000 Gross Profit - 25...

This question belongs to Commerce Accounting
Accounting
?

Given:
Sals - Rs. 2,00,000
Gross Profit - 25% of cost
Stock velocity - 3 months
Closing stock is Rs. 2,000 more than the opening stock.

Answer & Solution
Correct Answer: Option C
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