Calculate the gross profit when total purchases during the year are Rs. 8,00,000, return outward is Rs. 20,000, direct expenses are Rs. 60,000, and 2/3 of the goods are sold for Rs. 6,10,000.
A) Rs. 2,90,000
B) Rs. 3,00,000
C) Rs. 3,10,000
D) Rs. 3,20,000
