Question

If sales are ? 3,00,000. gross profit is 1/3 on
cost, purchases are * 2,50,000 and the closing
stock is * 50,000, the opening stock will be :
(A) * 25,000
(B) 75,000
(C) * 50,000
(D) NIL​

Answer 1

Answer:

Opening stock is C. Rs 50,000

Answer 2

Answer

Option C. 50,000

All the best :)