[DK Goel] Q. 4 Financial Statements (without Adjustments) Solutions Class 11 CBSE (2025-26)
Solutions of Question number 4 of Chapter 20 Financial Statements (without Adjustments) DK Goel class 11 CBSE (2025-26)
Calculate Gross Profit on the basis of the following information:
| ₹ | |
| Purchases | 10,20,000 |
| Return Outwards | 45,000 |
| Carriage Inwards | 30,000 |
| Carriage Outwards | 22,000 |
| Wages | 75,000 |
3/4 of the goods are sold for ₹ 9,00,000.
[Ans. Gross Profit ₹ 90,000.]
Solution:-
Note: Carriage Outwards will not be considered while computing the Cost of Goods Sold.
