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If cost is 1 and gross …

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If cost is 1 and gross profit is 1/4 then find cost , if sales is RS.400,000.

    • Posted by Aryan Mittal 8 years, 2 months ago

    CBSE > Class 12 > Accountancy
    • 3 answers

    Anjali Yadav 8 years, 2 months ago

    100000

    0Thank You

    Raman Jagdeo 8 years, 2 months ago

    Let he cost be x Therefore gross profit will be ¼x According to the formula :cost + gross profit = sales Substituting the vales in formula X +¼x= 400000 With LCM 5/4x = 400000 X = 400000×4÷5 X =320000 Therefore cost is 320000

    2Thank You

    Aryan Mittal 8 years, 2 months ago

    Show your working clearly

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