Calculate GROSS PROFIT when – Opening stock Rs. 24,000, Closing stock Rs. 15,000, Sales Rs 6,00,000, Cost of goods sold Rs. 4,55,000?

B)145,000..................................

Sale:Rs600,000- Cost of goods sold: Rs455,000(Opening & Closing already included in the computation of cost of sale), so Answer would be:

b) Rs.1,45,000

Answer B is the correct option . Gross profit =6000,000 -4550,000 =1,450,000

Answer is B

Profit = Sales - Cost of goods sold

=145000

The answer is option (b). As, gross profit = sales - cost of goods sold. So, by putting given values we get, gross profit = Rs.6,00,000 - Rs.4,55,000 = Rs.1,45,000.

Answer is 'B', ITS145000/-

according to my knowladge ur Question answer is B

B.145000........................................

145000 is optimal match to your question 

 

GROSS PROFIT = Sales i.e.Rs6,00,000 - Cost of goods sold i.e. Rs.4,55,000? = Rs.1,45,000/- , option (B) is the right answer. Thanks.

145000 rs. I hope your well known to the fact so no explanation needed