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This question belongs to Commerce Accounting
Accounting
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If the cost of goods sold is Rs. 1,20,000 and the rate of gross loss is $$\frac{1}{4}$$ on sales, the amount of sales is:

Answer & Solution
Correct Answer: Option C
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2 Comments
MUHAMMAD ASIF
MUHAMMAD ASIF 7 months ago
I solved it and according to my point of view the correct answer is 96000,
MUHAMMAD ASIF
MUHAMMAD ASIF 7 months ago
I solved it and according to my point of view the correct answer is 96000,