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Cpt (accounts)

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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
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Dilip

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Dilip (Expert)
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.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
11 August 2023
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