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Gross sales are Rs 5,20,000, trade discounts Rs 12,000 and returns Rs 8,000. Net sales are

ARs 4,80,000
BRs 5,00,000
CRs 5,32,000
DRs 5,40,000
Answer & Solution
Correct answer: B. Rs 5,00,000
Net sales = 5,20,000 - (12,000 + 8,000) = Rs 5,00,000.
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