Q.47. Stock on the date of valuation is Rs. 2,70,000. It had been undervalued by10%. Actual value is .-------------- *. A] Rs. 2,77,000.
B] Rs. 2,97,000.
C] Rs. 3,00,000
D] Rs. 3,07,000.
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Answer:
C] RS 3,00,000 is the Actual value
Step-by-step explanation:
- In the context to the given question, we have to find the actual value of the stock.
- Given,
undervalued by 10%
So, 90% of the value = 2,70,000
actual value = 100%
then;
actual 100% = 2,70,000 x (100/90)
we get,
= 3,00,000
Actual value is 3,00,000 RS
therefore; C] RS 3,00,000 is the Actual value
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