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A firm sells goods at a Gross profit of 25% of sales. On 1st April, 2018 the Stock was ₹ 40,000; Purchases were ₹ 1,10,000 and the Stock on 31st March, 2019 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, 2018 the Stock was ₹ 40,000; Purchases were ₹ 1,10,000 and the Stock on 31st March, 2019 was ₹ 30,000. What was the value of Sales? | |