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From the given information, choose the most appropriate answer:
Net profit will be
- a)Rs. 42,600
- b)Rs. 50,600
- c)Rs. 45,600
- d)Rs. 47,600
Correct answer is option 'A'. Can you explain this answer?
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Most Upvoted Answer
From the given information, choose the most appropriate answer:Net pro...
GP: selling price-cost of goods sold
cost of goods sold :purchase+opening stock+direct expence-closing stock
cost of goods sold is 85800+20000+2300-18000 is 90100
GP is 140700–90100 is 50600
now net profit is GP –in direct expense that is
50600–5000–3000 is 42600
cost of goods sold :purchase+opening stock+direct expence-closing stock
cost of goods sold is 85800+20000+2300-18000 is 90100
GP is 140700–90100 is 50600
now net profit is GP –in direct expense that is
50600–5000–3000 is 42600
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From the given information, choose the most appropriate answer:Net pro...
Given Data:
- Gross Profit: Rs. 50,600 (as previously calculated)
- Carriage on Sales: Rs. 3,000
- Rent of Office: Rs. 5,000
Calculation:
- Total Operating Expenses: Total Operating Expenses = Carriage on Sales + Rent of Office
Total Operating Expenses = 3,000 + 5,000 = Rs.8,000 - Calculate Net Profit: Net Profit = Gross Profit − Total Operating Expenses
Net Profit = 50,600 − 8,000 = Rs.42,600
Based on the calculations, the net profit would be Rs. 42,600. Therefore, the correct answer is A: Rs. 42,600.
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From the given information, choose the most appropriate answer:Net profit will bea)Rs. 42,600b)Rs. 50,600c)Rs. 45,600d)Rs. 47,600Correct answer is option 'A'. Can you explain this answer?
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