# What is the amount of gross profit or loss–

Opening stock Rs. 15000

Purchases Rs. 40000

Cost of golds sold Rs. 52000

Sales Rs. 57000

What is the amount of gross profit or loss–

(A) Rs. 12000

(B) Rs. 5000

(C) Rs. 5000 (Loss)

(D) Rs. 7000

Purchases Rs. 40000

Cost of golds sold Rs. 52000

Sales Rs. 57000

What is the amount of gross profit or loss–

(A) Rs. 12000

(B) Rs. 5000

(C) Rs. 5000 (Loss)

(D) Rs. 7000