Help needed (confused)

CA Final 499 views 9 replies

Hi , I costing , can anyone explain the relation between sales and cost?

Suppose 1/10 of sales =1/9 of cost . How?

25 percent of sales = 20 percent of cost. How?

I am confused

Replies (9)
suppose
sales 100
-cost. 90
profit 10

so profit is 1/10 of sales and 1/9 of cost

sales 100
profit is 20
so cost become 80
profit is 1/5 of sales I.e. 20% of sales and 80* 25% I.e 1/4 of cost
say..your product cost is Rs.90 and profit is..Rs.10
and your sales became 100.

profit is ....1/10 th on sales(100)= Rs.10
or 1/9 th on cost (90) = Rs.10

so that, 1/10 th on sales =1/9th on cost.
profit ka element hota hai sales me
yap
otherwise kon loss me sale karega
I hope u understood
while filling GSTR1B I made a mistake in putting my sales figure of November & December the mistake i did is that figure of December is put in november GSTR1B and figure of november i put in December GSTR 1B .
I SHOW one purchase bill in two consecutive returns of gstr3b now how to correct it plz tell me
1/5th on cost... 1/6on sales..... 1/6th on cost... 1/7th on sales..... 1/8 on cost... .1/9th on sales
My sister forget her cpt Roll on pls Help me


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