Question

Following information are obtained from
the records of Rukmani Enterprise for the
year ended 31.03.2020:
- Sales 5000000
-
- Purchases 3800000
Opening stock 750000 and Closing
stock 420000.
Some goods were destroyed by fire during
the year. If the firm's rate of gross profit is
25 percent on cost then value of goods
destroyed by fire will be-
A.
A
130000​

Answer 1

Answer:

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