Closing stock increased by 5000, gross profitratio 10% then what will – McqOptions

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

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