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Teaching Accountancy Final Accounts Question Bank MCQ - Final Accounts

  • question_answer
    If cost of goods sold is ` 1116000 and sales is these ` 1240000 then the amount of gross profit will be

    A)  ` 130000                                 

    B)  ` 124000

    C)  ` 240000                                 

    D)  ` 84000

    Correct Answer: B

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