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ASAP!! (c) Cost of goods available for sale 4,00,000, Total Sales '3,20,000, Opening stock of goods '80,000, Gross Profit Margin 25%. Calculate the Closing stock

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(c) Cost of goods available for sale 4,00,000, Total Sales '3,20,000, Opening stock of goods '80,000, Gross Profit Margin 25%. Calculate the Closing stock of goods. [3 Marks]

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