Sale Rs. 2000 Gross Profit 25% of sale What is Cost of Goods?

Here,

Total Sales value   =2000

Gross Profit =25 % of Sales 

                      =  25/100x2000

                      =  500 Gross Profit

Cost of Goods =  Total Sales - Gross Profit

                           =2000-500

Cost of Goods =1500 [ That's Way option "A" is correct]

                         Sales =2000

Less Cost of goods =1500

             Gross profit =500 (25 % sales)

 SO, the answer is 1500

What if i say the sale price of Rs2,000 is the125% which means100% is the cost25% is the profit. ?

Now our calculation will show a different answer

2000 x 25/100

     125/100

=1600

and Rs.400 is the gross profit

Cost of goods will be1500 Option A 

If Profit25% then Cost of Goods sold is75% So, Cost of Goods sold is (2000*75%)=1,500. The Correct answer is Option-A

cost of Goods = Gross Profit - % of Profit

                      =    2000        -        2000 *25%

                     =  2000         -         500

                     =1500

1500.75%2000 is the cost (2000*75/100 =1500)

Option A is the right answer.

Correct answer is1500..............

The cost of goods is amounting to1,500.

Working; (2,000 -500 =1,500)