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Gross profit

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(Querist)
07 November 2013 Dear Sir/Madam,

Can we take GP as :-

Purchase+Freight-Sale=GP


Thanking You,
Parvinder Singh
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
07 November 2013 Sales + Closing Stock - Opening Stock + Purchase + Freight = Gross Profit...

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