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CG Vyapam Sub Auditor Practice Questions - CG Vyapam Sub Auditor (Upa Ankekshak) Recruitment Examination Exam

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From the following details, calculate the Gross Profit of the firm: Sales = ₹3,50,000; Opening Stock = ₹40,000; Purchases = ₹2,40,000; Direct Wages = ₹20,000; Closing Stock = ₹50,000.
Correct Answer:
₹1,00,000

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