You're given the gross profit margin, which is 20%, and the gross profit (GP), which is Rs. 54000. Find the sales amount. | Faculties

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Ram Sharma

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📊 Financial Management

Q. You're given the gross profit margin, which is 20%, and the gross profit (GP), which is Rs. 54000. Find the sales amount.

(A) Rs. 300000
(B) Rs. 270000
(C) Rs. 280000
(D) Rs. 290000

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✅ Correct Answer: (B) Rs. 270000

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