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Question Practice

If the Cost of Goods Sold is determined to be `70,000 and Sales were `100,000, what is the Gross Profit?

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MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - I
Question Bank

If the Cost of Goods Sold is d...

Single Answer MCQ
Q-00053487

If the Cost of Goods Sold is determined to be `70,000 and Sales were `100,000, what is the Gross Profit?

1

`30,000

2

`70,000

3

`100,000

4

`50,000

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