Question

A fire occurred in the premises of a merchant on 15/6/89 and a considerable part of the stock was destroyed. The value of stock saved was Rs 4,500. The books disclosed that on 1/4/89 the stock was valued at Rs 36,750. The purchases to the date of the fire amounted to Rs 1,04,940 and the sales Rs 1,56,500. On investigation it was found that during the past five years the average gross profit on sales was 36%. Calculate the claim to be made. ​

Answer 1

Explanation:

50%

I think

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