The sales turnover and profit during two periods of a firm were as follows: ...
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Accounting
The sales turnover and profit during two periods of a firm were as follows:
Period | Sales | Profit |
1. | 2,00,000 | 20,000 |
2. | 3,00,000 | 40,000 |
What would be the probable trading results with sales of Rs. 1,80,000? What amount of sales will yield a profit of Rs. 50,000?
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