Cost of goods sold = ` 2000000, Gross Profit = 20% on sales. Calculate the amount of Sales.

Cost of goods sold = ` 2000000, Gross Profit = 20% on sales. Calculate

1.	Cost of goods sold = ` 2000000, Gross Profit = 20% on sales. Calculate the amount of Sales.
A.	` 1825000
B.	` 2500000
C.	` 2400000
D.	` 3000000
Answer» C. ` 2400000

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Cost of goods sold = ` 2000000, Gross Profit = 20% on sales. Calculate the amount of Sales.

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