1.

From the following information, determine Gross Profit for the year ended 31st March, 2019: ₹ ₹ Opening Stock (1st April, 2018) 25,000 Goods purchased during the year 1,40,000 Freight and Packing 10,000 Closing Stock (31st March, 2019) 30,000 Sales 1,90,000 Packing Expenses on Sales 6,000

Answer» From the following information, determine Gross Profit for the year ended 31st March, 2019:

































Opening Stock (1st April, 2018)
25,000

Goods purchased during the year
1,40,000

Freight and Packing
10,000

Closing Stock (31st March, 2019)
30,000

Sales
1,90,000

Packing Expenses on Sales
6,000



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