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Sticky Note
If the selling price of a product is rs 150, and the COGS is Rs 80, what is the gross profit?
  1. RS 70
  2. RS 80
  3. RS 150
  4. RS 230
Explanation

Gross Profit = Selling Price - COGS

Gross Profit = Rs 150 - Rs 80

Gross Profit = Rs 70

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