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Stock Adjustments

If cost of go...

Question

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

A

Rs. 3,000

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B

Rs. 13,000

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C

Rs. 8,000

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D

Rs. 5,000

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Solution

The correct option is B
Rs. 13,000

Revenue
= COGS + Gross profit
= Rs 13,000

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