Multiple choice If G.P. is 30% of cost and sales are Rs. 6,500, then COGS will be Rs. 8,450 Rs. 4,550 Rs. 8,000 Rs. 5,000 Reveal answer Fill a bubble to check yourself D Correct answer Explanation Profit = 30/130 of 6500 = 1500. Thus, COGS = Sales - G.P. = Rs. 5,000 If you calculate 6500 + 1950 = Rs. 8450, 6500 - 1950 = Rs. 4550, 6500 + 1500 = Rs. 8000 are incorrect answers.