Purchases of a firm during the year is Rs 60 000...

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Purchases of a firm during the year is Rs. 60,000. Opening stock and closing stock for the year is Rs. 12,000 and Rs. 9,000 respectively. Gross profit is $${\frac{1}{5}^{{\text{th}}}}$$ of sales. Amount of gross profit is

A. Rs. 15,700

B. Rs. 14,000

C. Rs. 12,500

D. Rs. 17,250

Answer: Option A

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Zia Mahmood :

1 year ago

Any one here?

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