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Commerce · Q1307

Accounting

Graduate and Post Graduate · Commerce · question 1307

Q1307

If the average stock of a firm is Rs. 40,000 and its opening stock is Rs. 5,000 less than the closing stock, what would be the value of Opening Stock?

A.
Rs. 42,000
B.
Rs. 40,000
C.
Rs. 35,000
D.
Rs. 37,500
Answer

Answer: Option D

Solution

Answer: Option D
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