Vidyalelo
Commerce · Q1533

Accounting

Graduate and Post Graduate · Commerce · question 1533

Q1533

A trader values his opening stock 10% over cost. It value of opening stock is written as Rs. 27,500 then its cost would be

A.
Rs. 30,000
B.
Rs. 24,750
C.
Rs. 25, 000
Answer
D.
Rs. 22,500

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board