Teaching UP TGT Mock Test Series 2025 Accountancy Trading and Profit & Loss Account

Consider the following information:

Opening Stock -  Rs. 10,000

Purchases - Rs. 90,000

Closing stock - Rs. 28,000

Gross Profit - Rs. 10% of sale

The amount of sales will be:

1
Rs.60,000
2
Rs.72,000
3
Rs.80,000
4
Rs.90,500
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