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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