CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
Question

Calculate the gross profit /loss if:

Sales Rs. 60,000; Cost of sales Rs. 50,000; Opening stock Rs. 10,000; Purchases Rs.40,000; Wages Rs. 20,000 and Office rent Rs. 10,000.


A

Loss of Rs. 10,000

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Profit of Rs. 10,000

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Profit of Rs. 10,000

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!