n NISM Certifications
XV NISM Series XV
Medium

A shoe manufacturing company reported sales revenues of Rs. 1,00,000, which included indirect taxes of Rs. 15,000 and direct taxes of Rs. 10,000. Calculate the net sales of the company.

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Rs. 1,00,000

  2. B

    Rs. 75,000

  3. Rs. 85,000

    Correct answer

  4. D

    Rs. 1,25,000

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

Test yourself for real

Take a full NISM Series XV mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.