Accountancy, asked by sarvagya1234, 1 year ago

if the value of loose tools 38000 and it is undervalued by 5% then what is its actual value

Answers

Answered by caeducation15
2

Total value of loose tools = 38000

38000 is 95% value of loose tools

so

if it is undervalued by 5% than its actual value will be calculated as:

actual value   = 38000/95*100

                      = Rs.40000

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