Question No 06 B Chapter No 19

Question No 06 B Chapter No 19

06.(b) Calculate gross profit and cost of goods sold from the following information: Net Sales 12,000
Gross Profit 33 1/3 % on Sales

The solution of Question No 06 B Chapter No 19: –

Gross Profit=33 1/3% on Sale
 =100X12,00,000
 3 x 100
 =Rs 4,00,000  
Cost of goods Sold=Sale – Gross Profit
 =12,00,000 – 4,00,000
 =Rs 8,00,000

Trading Account: Meaning, Format and Examples

Also, Check out the solved question of all Chapters: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

Check out the Accountancy Class +1 by D.K. Goal (Arya Publication) from their official Site.

ISC Accounts 11 20 Image min 197x300 - Question No 06 B Chapter No 19 - D.K Goal 11 Class
D K Goel accountancy +1 – ISC_Accounts_11_20_ImageQuestion No 42 Chapter No 11 – D.K Goal 11 Class

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