12th Class Accountancy Accounting Ratios Question Bank MCQs - Accounting Ratios

  • question_answer
    Net profit after tax 1,20,000, Tax rate 40%, Salary 10,000; wages 25,000; carriage outward 30,000. Gross profit will be:

    A) 2,40,000

    B) 4,15,000

    C) 4,35,000

    D) 4,60,000

    Correct Answer: A

    Solution :

    2,40,000


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