CA CPT Model Test Paper 3 with solutions for online practice

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Question : 26 of 200
 
Marks: +1, -0
Consider the following data pertaining to R LTd. for the month of June 2011:
Particulars Rs.
Opening stock 30,000
Closing stock 40,000
Purchases 5,60,000
Returns outward 15,000
Returns inwards 20,000
Carriage inward 5,000
If the gross profit is 20% of net sales, the gross sales for the month of June 2011 is:
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