alleryStart learning →Cost of sales is Rs 2,45,000 and profit is 20% on cost. What is the sales value?
ARs 2,69,500
BRs 3,06,250
CRs 2,57,250
DRs 2,94,000
Answer & Solution
Correct answer: D. Rs 2,94,000
Sales = 2,45,000 x 1.20 = Rs 2,94,000 because the profit is a markup on cost.
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