Vidyalelo
Commerce · Q2324

Accounting

Graduate and Post Graduate · Commerce · question 2324

Q2324

Opening Stock Rs. 15,000 Purchases Rs. 95,000 Closing Stock Rs. 29,000 Cash Received from Debtors Rs. 40,000 Gross profit on sales 10%. Amount of sales would be

Opening Stock Rs. 15,000
Purchases Rs. 95,000
Closing Stock Rs. 29,000
Cash Received from Debtors Rs. 40,000

Gross profit on sales 10%.
Amount of sales would be
A.
Rs. 60,000
B.
Rs. 72,000
C.
Rs. 80,000
D.
Rs. 90,000
Answer

Answer: Option D

Solution

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