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What will be the amount of Gross Profit,...

What will be the amount of Gross Profit, if revenue from operations are Rs. 6,00,000 and Gross Profit Ratio is `20%` of cost?

A

Rs. 1,50,000

B

Rs. 1,00,000

C

Rs. 1,20,000

D

Rs. 5,00,000

Text Solution

Verified by Experts

The correct Answer is:
B
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