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If sales increaed by 20% than previous year then gross profit will also be increaed by same proportion? if the trader always sold his goods at 25% profit on cost?? and assume that sale was 18,00,000 and gp is 25% then what will be the purchases and gp if the abvoe condition apply here ?
June 15, 2025
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If sales increaed by 20% than previous year then gross profit will also be increaed by same proportion? if the trader always sold his goods at 25% profit on cost?? and assume that sale was 18,00,000 and gp is 25% then what will be the purchases and gp if the abvoe condition apply here ?
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