Challenger App

No.1 PSC Learning App

1M+ Downloads
If cost of goods sold is Rs.80, 000 and GP ratio is 20% on sales, then the sales will be.

ARs. 64,000

BRs.100000

CRs. 80,000

DRs. 96,000

Answer:

B. Rs.100000

Read Explanation:

.


Related Questions:

Closing balance of receipts & payment a/c shows?
The long term assets that have no physical existence but are rights that have value is known as
Disagreement of trial balance includes which errors?
Unclaimed dividend should be shown on the ---- balance sheet.
Depletion method of depreciation is applied on ----- asset.