MCQOPTIONS
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| 1. |
Closing stock increased by 5000, gross profit ratio 10% then what will be the profit |
| A. | Gross profit will be increased by 5000 |
| B. | Gross profit will be decreased by 5000 |
| C. | Increase by 500 |
| D. | decrease by 500 |
| Answer» B. Gross profit will be decreased by 5000 | |