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A company has the purchase of ₹ 90,000, the purchase expenses of ₹ 15,000, the changes in stock (₹ 15,000) and sales of ₹ 1,50,000. Determine the gross profit ratio.(A) 40%(B) 13.33%(C) 20%(D) None of the above |
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Answer» Correct option is (A) 40% |
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