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Teaching Accountancy Final Accounts Question Bank MCQ - Final Accounts

  • question_answer
    Cost of goods sold = ` 2000000, Gross Profit = 20% on sales. Calculate the amount of Sales.

    A)                                  ` 1825000                               

    B)  ` 2500000

    C)  ` 2400000                               

    D)  ` 3000000

    Correct Answer: B

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