What will be the Gross Profit if , total sales is Rs 2,60,000,cost of net goods sold is Rs 2,00,000 & sales return is Rs10,000 ?

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Gross Profit is calculated as Total Sales minus Cost of Goods Sold. Here, Total Sales after accounting for Sales Return is Rs 2,60,000 - Rs 10,000 = Rs 2,50,000. Gross Profit = Rs 2,50,000 - Rs 2,00,000 = Rs 50,000. The Gross Profit percentage is (Rs 50,000 / Rs 2,50,000) * 100 = 20%.

What Will Be the Gross Profit If , Total Sales