Question

Stock on the date of valuation is Rs. 88,000 but it
had been overvalued by 10%. Actual value is
Rs.
80,000.
Rs.
84,000
O Rs.
86,000
Rs.
96,000.​

Answer 1

Answer:

Rs. 80,000

Explanation:

Value of stock is overvalued by 10% , it means we have to less overvalued value of stock.

:- 88,000 - (88, 000)* 10/110

:- 88,000 -8,000

:- 80,000

Hope u understand it. ✌

Answer 2

Answer:

Rs. 80,000

Explanation:

Calculation of Actual Value :-

Actual Value = 88,000 x 100

110

= Rs. 80,000