Multiple Choice Questions on Opening Inventory Rs75 000 Closing Inventory Rs1 05 000 Inventory Turnover Ratio 6 Gross Profit 20 o........... for Commerce 12th Preparation

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Multiple Choice Questions

Opening Inventory Rs75 000 Closing Inventory Rs1 05 000 Inventory Turnover Ratio 6 Gross Profit 20 o...........

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    Opening Inventory Rs75,000; Closing Inventory Rs1,05,000; Inventory Turnover Ratio 6; Gross Profit 20% on cost; what will be Gross Profit?

    Rs1,35,000

    Incorrect Answer

    Rs1,08,000

    Correct Answer

    Rs90,000

    Incorrect Answer

    Rs18,000

    Incorrect Answer
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    Explanation:

    Rs1,08,000

    By: santosh
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