Question

If cost of goods sold is Rs. 8,000, gross margin is Rs. 5,000, then revenue will be :

• A. Rs. 3,000
• B. Rs. 13,000
• C. Rs. 8,000
• D. Rs. 5,000

Answer 1

The correct option is B

Rs. 13,000

Revenue
= COGS + Gross profit
= Rs 13,000