Q2306
If sales is Rs. 1,20,000, gross profit is 1/3^ rd of cost, purchase is Rs. 98,000 and closing stock is Rs. 18,000 then opening stock will be
If sales is Rs. 1,20,000, gross profit is of cost, purchase is Rs. 98,000 and closing stock is Rs. 18,000 then opening stock will be
A.
Rs. 10,000
AnswerB.
Rs. 8,000
C.
Rs. 0
D.
Rs. 40,000
Answer: Option A
Solution
Answer: Option A
No explanation is given for this question Let's Discuss on Board