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Cost of goods Sold =Opening stock + Purchases - Closing stock (1) In this case G.P. (Gross Profit) = 10% on sales = 10% of Rs. 50,000/ = 5,000/- Means cost of goods sold = Sales – Profit on sale =50000-5000 =45000 (2) Now from (1) & (2) 45000 = 70000 + 40000 – Closing Stock Or Closing Stock = 65,000/-
Consider the following statements in regards to Gandhamardan hills:
1. It has become the 37th Biodiversity Heritage Site of India.
2....
Which company ranked first in the FutureBrand Index 2024?
If '+' means '÷', '−' means '×', '×' means '+', '÷' means '−', what will come in place of the question mark (?) in the following equation?
<...Chairperson and members of the State Human Rights Commission are appointed by the Governor on the recommendations of a committee. Who of the following ...
Which of the following statements is/are incorrect?
The concept of Zero-Base Budgeting was introduced in ...
In the following question, select the wrong number from the given alternatives .
53, 60, 74, 95, 123, 155
The circumference of a circle is 2π cm. Then the area of a square inscribed in the circle is
Which of the following statements is/are not true in regards to 68th National Film Awards?
Which one of the following statements regarding force is correct?
A car travels 560 km using 40 litres of petrol. How far can it travel using 35 litres of petrol?