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18. Calculate gross profit from the following Net Sales 2,00,000 ,Gross profit 25% on Cost. |
| Answer» Net sales =2,00,000Gross Profit = 25 multiple by 2,00,000 dividend by 125 = 40,000There for Sales - Gross Profit = 2,00,000 - 40,000 = 1,60,000 | |