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Normally gross profit % is calculated as NP+ISC/TURNOVER OF PREVIOUS FINANCIAL YEAR RIGHT. BUT y here ww have used adjusted turnover

Shruthi V

CA Inter

★ 0

05-Sep-20 16:53

312

Answers (2)

What does turnover of last financial year means. It strts from april nd ends in march right? If its so then in dis question y hv dey taken calender yr

Thread Starter

Shruthi V

CA Inter

★ 0

05-Sep-20 16:56

The question talks about adjustment to be made.

CA Suraj Lakhotia

Admin

05-Sep-20 17:47

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