Q.________ is the amount of sales when cost of goods sold is ₹ 1,64,000 and gross profit is ₹ 36,000.

Sales = Cost of goods sold + Gross profit = 1,64,000 + 36,000 = ₹2,00,000, so the correct answer is option (b).

The Trading account relationship is:

• Gross Profit = Net Sales − Cost of goods sold

Rearranging to find sales:

• Sales = Cost of goods sold + Gross Profit
• Sales = ₹1,64,000 + ₹36,000 = ₹2,00,000 …