Question

Average stock of firm is rs. 8000 , the opening stock is rs. 10000 less than clising stock. find opening stock

Answer 1

average stock = (opening stock + closing stock )/2

let closing stock will be x

              8000      = ((x-10000)+x)/2
               8000 *2 =(2x-10000)
              16000=2x-10000
                2x =16000+10000
                2x=26000
                 x=26000/2
                  x =13000

closing stock = 13000

opening stock = 13000-10000
 opening stock   =3000


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Answer 2

Opening stock = 3000

Explanation:

Given:

Average Stock of the firm= 8000

Closing Stock = A

Opening stock = A -10,000

Computation:

Average Stock of the firm = (Opening stock + Closing stock) / 2

8,000 =  ( A - 10,000 + A) /2

8,000 = ( 2A - 10,000 ) / 2

8,000 x 2 = 2A -10,000

16,000 = 2A -10,000

16,000 + 10,000 = 2A

26,000 = 2A

13,000 = A

Closing Stock = 13,000

Opening Stock = A - 10,000

= 13,000 - 10,000

Opening stock = 3000

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