Question

Stock of ₹ 25,000 was destroyed by fire of which ₹ 15,000 was receive from

the insurance company ______

a) Net revenue loss ₹ 10,000 b) Net revenue loss ₹ 25,000

c) Net revenue receipt ₹ 15,000 d) Net capital loss ₹ 10,000​

Answer 1

Answer:

a) Net revenue loss ₹ 10,000

Step-by-step explanation:

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Answer 2

Given:

Stock of Rs.25,000 was destroyed by fire.    

The company received the Rs.15,000 from the insurance company.

To find:

We need to find how the loss has happened.

Solution:    

The company has the total stock of Rs.25,000

Due to the fire accident  the company has received Rs.15,000 from the insurance company.

Now, the company has the Net Capital loss of Rs.10,000.

Therefore, the company has the total stock and that has been totally fired . So there is Net Capital Loss of Rs.10,000.

The Option (D) is correct answer.