How to calculate purchase?
This query is : Resolved
Priti Dhoke
(Querist)
07 November 2014
Dear Sir/Madam
I have a query please solve it urgently..
if opening bal is 150000
cash sales = 120000
credit sale = 230000
selling price = 1205% on cost
closing stock = nil
purchase = ?
I have a query please solve it urgently..
if opening bal is 150000
cash sales = 120000
credit sale = 230000
selling price = 1205% on cost
closing stock = nil
purchase = ?
Nikhil Kaushik
(Expert)
07 November 2014
1205% or 12.05%?????????????
Priti Dhoke
(Querist)
13 December 2014
sorry sir its 12.05%
Nikhil Kaushik
(Expert)
13 December 2014
total sales*100/112.05 - opening stock
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