Hey how to calculate profit on cost and profit on sales.
I.e if profit on cost is 20% then how to calculate profit on sales??
And if profit on sales is 25 % how to calculate profit on cost??
Urjit Talati (Job - Deloitte) (86 Points)
06 May 2016Hey how to calculate profit on cost and profit on sales.
I.e if profit on cost is 20% then how to calculate profit on sales??
And if profit on sales is 25 % how to calculate profit on cost??
rajkumarsharma
(accounts manager [ bikanr branch ])
(125 Points)
Replied 06 May 2016
if cost is 100 than profit on cost 20% profit ? 20
cost 100
profit 20
sale 120
and profit on sale 25%
sale 100
profit 25% =25
cost 75
basic cost + profit(loss)+sales
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961