5. Opening stock of Medicines is * 50,000. Credit Purchase of medicines is * 48,000 and cash purchase of
medicines is 1/4"" of total purchase. Closing stock is 100,000. Sale of medicines during the year is 5,000.
The Organisation sold the medicines at a profit of 20% on sales. What is the amount of medicines
consumed during the year?
(1)
i. *45,000
ii. * 46,000
iii. 49,000
iv. * 50,000
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Answer:
49000 is the correct answer of this question
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