If the cost of goods sold is Rs. 1,20,000 and gross loss is $${\frac{1}{4}^{{\text{th}}}}$$ of the selling price, then the selling price would be
or
If cost of goods sold is Rs. 1,20,000 and gross loss is 25% of sales, then what will be the amount of sales?

A) Rs. 90,000 B) Rs. 96,000 C) Rs. 1,20,000 D) Rs. 1,26,000

Answer & Solution

Correct Answer: Option B

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2 Comments

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Partha Bakshi 2 years ago

Let, selling price is tk100. So loss is 25%= tk 25.then cost price is 100+25=125. If cost is 125 then sell is 100.then cost 120000 when selling price is (120000/125) *100= tk 96000.

Raja Raghwendra 2 years ago

SELLING PRICE WILL BE 160000.

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If the cost of goods sold is Rs. 1,20,000 and gross loss is $${\frac{1}{4}^{{\text{th}}}}$$ of the selling price, then the selling price would be or If cost of goods sold is Rs. 1,20,000 and gross loss is 25% of sales, then what will be the amount of sales?

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If the cost of goods sold is Rs. 1,20,000 and gross loss is $${\frac{1}{4}^{{\text{th}}}}$$ of the selling price, then the selling price would be
or
If cost of goods sold is Rs. 1,20,000 and gross loss is 25% of sales, then what will be the amount of sales?