Opening Stock = Rs. 10,000
Purchases = Rs. 90,000
Closing stock = Rs. 28,000
Gross Profit = 10% of sales
The amount of sales will be
A. Rs. 60,000
B. Rs. 72,000
C. Rs.80,000
D. Rs. 90,000
Answer: Option C
This Question Belongs to Commerce >> Accounting
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