A fire occurred in premises of aditya on 25-08-2017 when a large part of stock was destroyed salvage was 15000 aditya give u the following information for the period from 1-1-2017 to 25-8-2017 purchase 85000, sales 90000, goods costing 5000, wer taken by aditya for personal use and cost price of stock on 1-1-2017 was 40000, over the past few years aditya has been seeling goods at consistent gross profit rate of 33.1/5% on sales the insurance policy was for 50000. It included average clauses aditya asks u to asertain the amout of loss and claim to be made on insurance company
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