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Net sales during the year 2011is2,85,000 …

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Net sales during the year 2011is2,85,000 rs . Gross profit is 25% on sales . Find out cost of goods sold

    • Posted by Dheeraj Pandey 6 years, 11 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Jyoti Agarwal 6 years, 11 months ago

    213750 rs.

    1Thank You

    Jyoti Agarwal 6 years, 11 months ago

    Gross profit=285000×25÷100 = 71,250 Cost of goods sold = net sales-gross profit = 285000-71250 = 213750

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