Vidyalelo
Commerce · Q2035

Accounting

Graduate and Post Graduate · Commerce · question 2035

Q2035

If sales are Rs. 6000, gross profit is 1/3 on cost, purchase are Rs. 4,900 and the closing stock is Rs. 900, the opening stock will be:

If sales are Rs. 6000, gross profit is on cost, purchase are Rs. 4,900 and the closing stock is Rs. 900, the opening stock will be:
A.
Nill
B.
Rs. 500
Answer
C.
Rs. 2,000
D.
Rs. 4,900

Answer: Option B

Solution

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