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A firm sells goods at a Gross profit of 25% of sales. On 1st April, 2017 the Stock was ₹40,000; Purchases were ₹1,10,000 and the Stock on 31st March, 2018 was ₹30,000. What was the value of Sales?

Answer» A firm sells goods at a Gross profit of 25% of sales. On 1st April, 2017 the Stock was ₹40,000; Purchases were ₹1,10,000 and the Stock on 31st March, 2018 was ₹30,000. What was the value of Sales?


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