What is the value of cost of goods sold from the following Net sales Rs 1 00 000 Gross Profit ndash ......

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What is the value of cost of goods sold from the following-

Net sales- Rs. 1,00,000

Gross Profit – 33.33% on cost

Rs. 70,000

Rs. 1,50,000

Rs. 75000

Rs. 67,000

Explanation:

Net sales- Rs. 1,00,000

Gross Profit – 33.33% on cost

133.3% of Cost of goods=1,00,000
4/3 of Cost of goods =1,00,000

value of cost of goods sold from the following- Rs. 75000

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