4. Calculate Gross Profit on the basis of the following information :
| ₹ | |
|---|---|
| Purchases | 6,80,000 |
| Return Outwards | 30,000 |
| Carriage Inwards | 20,000 |
| Carriage Outwards | 15,000 |
| Wages | 50,000 |
3/4 of the goods are sold for ₹6,00,000.
(KVS 2019)
D.K.Goel/2024 Edition/Practical Questions/Q-04
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company
Answer :