kamala ltd was incorporated on 1 april 2010 to take over the business of vikas broth 618315

Kamala Ltd. was incorporated on 1 April 2010 to take over the business of Vikas Brothers from 1 January 2010. From the following information, calculate sales ratio and gross profit:

  1. Sales during the period January to December 2010 amounted to Rs.3,60,000.

The trend of the sales was as follows:

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January and February: half the average sales in each month

May, June and July: average sales in each month

October: average sale

November and December: half the average sales in each month

  1. Cost of goods sold: Rs.90,000.
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