Multiple Choice Questions on If Cost of Goods Sold 40 000 GP Margin 20 of Sales Calculate the Gross profit margin ........ for SEBI Grade A ( Officer) Exam Preparation

Overview of Cost and Management Accounting

Costing - Phase (I & II)

Title

45:30

Video Progress

8 of 24 completed

Notes Progress

5 of 15 completed

MCQs Progress

38 of 100 completed

Subjective Progress

8 of 20 completed

Continue to Next Topic

Indian Economy - Understanding the basics of Indian economic system

Next Topic

    If Cost of Goods Sold = 40,000;

    GP Margin = 20% of Sales  

    Calculate the Gross profit margin.

    32,000 

    Incorrect Answer

    48,000  

    Incorrect Answer

    8,000  

    Incorrect Answer

    10,000 

    Correct Answer
    Explanation:

    Gross Margin= 20/80  x  40,000/-= 10,000


    ProfileResources

    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free