If sales increase by 10% from year 1 to 2 and cost of goods sold increase only 6% the gross profit on sales will increase by: | Faculties

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Uday Singh

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Q. If sales increase by 10% from year 1 to 2 and cost of goods sold increase only 6% the gross profit on sales will increase by:

(A) 0.04
(B) 0.1
(C) 0.06
(D) None of these

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✅ Correct Answer: (A) 0.04

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