Easy Office
LCI Learning

Cpt (accounts)

This query is : Resolved 

Avatar

Guest

Profile Image
Guest (Querist)
23 November 2012 Opening Stock 4,34,400
Cash Sales 16,00,000
Credit Sales 21,00,000
Total Sales 18,10,000

Selling Price is 125% of Purchase price

Stock Purchased is ?

Purchases = Sales/1.25 = 14,48,000 is answer


But Answeris given as 14,74,400

24 November 2012 Review the question. There seems to be somthing incorrect.

Cash sales + Creidt Sales is 37 lacs. This is not in sync with the total sales of 18.1 lacs.







You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link




Unanswered Queries