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Opening Inventory *75,000; Closing Inventory 1,05,000; Inventory Turnover Ratio 6; Gross Profit 20% on cost; what will be Gross Profit? A. 18,000 B. 108,000 C.

Opening Inventory *75,000; Closing Inventory 1,05,000; Inventory Turnover Ratio 6; Gross Profit 20% on cost; what will be Gross Profit? A. 18,000 B. 108,000 C. 90,000 OD. 135,000 Reset Selection 18image text in transcribed

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