# Question 6 Chapter 1 – Unimax Publications of Class 11

Question 6 Chapter 1 – Unimax

6. Calculate Net Profit from the given data:

 Credit Sales = Rs. 40,000 Cash Sales = Rs. 35,000 The cost of goods sold = Rs. 2,000 Expenses incurred on sales = Rs. 6,700

## The solution of Question 6 Chapter 1 – Unimax:

 Total Sales = Cash Sales + Credit Sales = 35,000+40,000 = Rs. 75,000 Gross Profit = Sales – Cost of goods sold = Rs. 75,000-52,000 = Rs. 23,000 Net Profit = Gross Profit- Indirect Expenses = Rs. 23,000-6,700 = Rs. 16,300

This is all about the Question 5 Chapter 1 – Unimax. You can check out the following article to better understand:

Financial Accounting Terminology

You Can also read all above articles in Hindi on our Hindi Website

Financial Accounting Terminology – Explained in Hindi

Comment if you have any doubt in the Question 5 Chapter 1 – Unimax.

You can also Check out the solved question of other Chapters: –

## Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

• Chapter No. 1 – Introduction of Accounting
• Chapter No. 2 – Theory Base of Accounting
• Chapter No. 3 – Vouchers and Transactions
• Chapter No. 4 – Journal
• Chapter No. 5 – Goods and Services Tax (GST) : An Introduction
• Chapter No. 6 – Ledger
• Chapter No. 7 – Special Purpose Book – Cash Book
• Chapter No. 8 – Other Subsidiary Books
• Chapter No. 9 – Trial Balance
• Chapter No. 10 – Rectification of Errors
• Chapter No. 11 – Depreciation
• Chapter No. 12 – Provision and Reserves
• Chapter No. 13 – Bank Reconlciliation Statement
• Chapter No. 14 – Bills of Exchange

Students may Choose only one part from the Part II and Part III

Part-II

• Chapter No. 15 – Financial Statements (Without Adjustments)
• Chapter No. 16 – Financial Statements (With Adjustments)
• Chapter No. 17 – Accounts from Incomplete Records – Single Entry System

Part-III

• Chapter No. 18 – Introduction to Compurters and Accounting information System
• Chapter No. 19 – Computerised Accounting
• Chapter No. 20 – Accounting Software : Tally
• Chapter No. 21 – Data Base System
• Chapter No. 22 – Concept of Entity and Relationship

You can also Check out the other Books’ Solution: –