[DK Goel] Q. 7 Financial Statements (without Adjustments) Solutions Class 11 CBSE (2025-26)
Solutions of Question number 7 of Chapter 20 Financial Statements (without Adjustments) DK Goel class 11 CBSE (2025-26)
Calculate the gross profit and cost of goods sold from the following information:
Net Sales – ₹ 9,00,000
Gross Profit is 20% on cost
[Ans. Gross Profit : ₹ 1,50,000; Cost of Goods Sold : ₹ 7,50,000]
Solution:-
