Question No 11 Chapter No 19

Question No 11 Chapter No 19

11.Calculate Net Sales and G.P. from the following:

Cost of Goods Sold4,50,000
G.P.25% on Sales

The solution of Question No 11 Chapter No 19: –

Gross Profit=25% on Sales or 1/4 on Sales 1/4 on Sales = 1/3rd on Cost
 =1X4,50,000
 3
     
 =Rs 1,50,000  
Cost of goods Sold=Sales − Gross Profit
4,50,000=Sales − 1,50,000
 =Rs 6,00,000

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 11 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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