Ascertain the profit for 2010: Cost of Sales Rs. 3,00,000 Profit at 20% of sales dt loo brul 01 (Ans : Profit : Rs. 75,000| A Product is sold for Rs. 5,00,000 so as to show a profit of 33.33% on cost price. Find out the profit on sales in rupees and in %. [Madras B.Com(CS) (SYSA) Nov. 2009|

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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I want answer for these two sums in step by step format
E Ascertain the profit for 2010:
Cost of Sales Rs. 3,00,000
Profit at 20% of sales
sdt loo bil 01
(Ans : Profit : Rs. 75,000]
E A Product is sold for Rs. 5,00,000 so as to show a profit of 33.33% on cost price.
Find out the profit on sales in rupees and in %.
[Madras B.Com(CS) (SYSA) Nov. 2009|
Transcribed Image Text:E Ascertain the profit for 2010: Cost of Sales Rs. 3,00,000 Profit at 20% of sales sdt loo bil 01 (Ans : Profit : Rs. 75,000] E A Product is sold for Rs. 5,00,000 so as to show a profit of 33.33% on cost price. Find out the profit on sales in rupees and in %. [Madras B.Com(CS) (SYSA) Nov. 2009|
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