[DK Goel] Q. 13 Financial Statements (without Adjustments) Solutions Class 11 CBSE (2025-26)
Solutions of Question number 13 of Chapter 20 Financial Statements (without Adjustments) DK Goel class 11 CBSE (2025-26)
Calculate the amount of gross profit, operating profit and net profit on the basis of the following balances extracted from the books of M/s Rajiv & Sons for the year ended March 31, 2023.
| ₹ | |
| Opening Stock | 50,000 |
| Net Sales | 11,00,000 |
| Net Purchases | 6,00,000 |
| Direct Expenses | 60,000 |
| Administration Expenses | 45,000 |
| Selling and distribution Expenses | 65,000 |
| Loss due to fire | 20,000 |
| Closing Stock | 70,000 |
[Ans. Gross Profit ₹ 4,60,000, Operating Profit ₹ 3,50,000; Net Profit ₹ 3,30,000.]
Solution:-
Below is the list of all solutions
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
