purchased:20,00,000/-
sales: 21,00,000/-
closing stock : 1,00,000/-
G.P. : 2,00,000/-
How to calculate formula of GP precent(%)
Menu
GP %calculation formula
Replies (3)
Calculate the percentage of GP in the total sale value of Rs 21 lakhs
Gross Profit percentage is normally taken using Sales as a Base. So the Formula for GP in terms of Sales shall be = GP / Sales *100
Recent Threads
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
Related Threads
CAclubindia
