CA CPT 2014 Dec Question Paper Fundamentals of Accounting for online practice

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Question : 33 of 59
 
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Trial balance of a trader shows the following balances
Opening Inventory Rs.9600
Purchases less returns Rs.11850
Salaries Rs.3200
Wages Rs.750
Commission on Purchases Rs.200
Carriage outwards Rs.300
Sales Rs.24900
Closing Inventory Rs.3500
Carriage on purchases Rs.1,000
Gross profit will be
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