A. 1,600
B. 1,500
C. 1,000
D. 1,800
Updated by: Mohammad Ejaz
Total Sales value =2000
Gross Profit =25 % of Sales
= 25/100×2000
= 500 Gross Profit
Cost of Goods = Total Sales – Gross Profit
=2000-500 = 1500
Correct Answer: 1,500 ✔
Last Updated: August 21, 2020