Opening stock (1st April 2019)was ₹ 30,000 . Closing Stock (31st March 2020) was ₹ 55,000 and Stock at the time of fire (15th June 2020) was ₹ 65,000 .Closing stock was Overvalued by 10%. The actual value of stock on 1st April 2020 was ______
₹ 50,000
₹ 40,000
₹ 66,000
₹ 60,000
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Answer:
50,000
Explanation:
overvalued 1o% the actual value15000
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