Q1655
If opening stock is Rs. 2,45,000, Purchases Rs. 15,00,000, Sales Rs. 17,40,000 and Rate of gross profit on cost is 20%, then closing stock will be
A.
Rs. 3,53,000
B.
Rs. 2,95,000
AnswerC.
Rs. 2,45,000
D.
Rs. 1,95,000
Answer: Option B
Solution
Answer: Option B
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