If a trader’s sales amount to Rs. 18000 and his gross profit and net profit are 60% and 40% of sales respectively, which one of the following are his expenses if there is no indirect income?

If a trader’s sales amount to Rs. 18000 and his gross profit and net

1.	If a trader’s sales amount to Rs. 18000 and his gross profit and net profit are 60% and 40% of sales respectively, which one of the following are his expenses if there is no indirect income?
A.	Rs. 7,200
B.	Rs. 2,500
C.	Rs. 3,600
D.	Rs. 6,480
Answer» D. Rs. 6,480

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If a trader’s sales amount to Rs. 18000 and his gross profit and net profit are 60% and 40% of sales respectively, which one of the following are his expenses if there is no indirect income?

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