[DK Goel] Q. 6 Financial Statements (without Adjustments) Solutions Class 11 CBSE (2025-26)
Solutions of Question number 6 of Chapter 20 Financial Statements (without Adjustments) DK Goel class 11 CBSE (2025-26)
Q. 6 (A) Calculate gross profit and cost of goods sold from the following information:
Net Sales – ₹ 8,00,000
Gross Profit is 40% on Sales
[Ans. Gross Profit ₹ 3,20,000; Cost of Goods Sold ₹ 4,80,000]
Solution:-
Q. 6 (B). Calculate gross profit and cost of goods sold from the following information:
Net Sales – ₹ 12,00,000
Gross Profit – 331/3% on Sales
[Ans. Gross Profit ₹ 4,00,000; Cost of goods sold ₹ 8,00,000]
Solution:-
