Rs. 60,000
Rs. 72,000
Rs.80,000
Rs. 90,000
Answer is Right!
Answer is Wrong!
The correct answer is A. Rs. 60,000.
To calculate the sales, we can use the following formula:
Sales = Opening stock + Purchases – Closing stock + Gross profit
In this case, we have:
Sales = 10,000 + 90,000 – 28,000 + 10% of sales
Sales = 60,000
Option B is incorrect because it is the cost of goods sold. Option C is incorrect because it is the cost of goods sold plus the gross profit. Option D is incorrect because it is the purchases.