Question

Average stock= 12,000, closing stock is 3000 more than opening stock the value of closing stock will be
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Answer 1

Answer:

13,500

Explanation:

average stock = opening stock + closing stock/2

12000 = opening stock + closing stock/2

total stock = 12,000 × 2 = 24,000

less :-> 3000 which is more kept aside for closing stock > 24,000 - 3000 = 21,000

divide 21,000 equally

10,500 - opening stock

10,500 - closing stock

closing stock is 3000 more than opening stock

then closing stock = 10,500 + 3000 = 13,500