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Manertial accounting

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total turnover rs 1,10,00 cost of good sold rs 88,00 percentage of gross profit to sales will be
Replies (5)
Gross profit percentage will be 20%
In adverse what is Answer not in percentage

Total  Tunover =                11000/-

Less 

Cost of  Goods sold    =     8800/-

--------------------------------------------

Gross profit  will be     =     2200/- 

Gross profit ratio will be 20%
Ratio % 20


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