CA CPT June 2015 Question Paper Fundamentals of Accounting for online practice
© examsiri.com
Question : 27 of 60
Marks:
+1,
-0
Mr. y gives the following information on 31.03.2015
G.P. is 20% on sales. Find net profit
| Inventory on 1st jan.2014 | 1,60,500 |
| Purchases | 4,80,000 |
| Manufacturing expenses | 75,000 |
| Administrative expenses | 33,000 |
| Financial expenses | 18,000 |
| Annual insurance | 6,000 |
| Sales | 7,00,000 |
Go to Question: