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Goods costing Rs 90,000 were sold at a gross profit of Rs 30,000. Net sales were:
ARs 60,000
BRs 1,20,000
CRs 1,10,000
DRs 1,50,000
Answer & Solution
Correct answer: B. Rs 1,20,000
Net sales equal 90,000 plus 30,000, which is 1,20,000.
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