Question

There are two departments in a firm X and Y. Goods are transferred from department X to department Y at usual selling price. You are required to compute stock reserve on stocks of department Y from the following data. Gross profit ratio of department X : 25% on cost Opening stock of department Y Rs. 50,000 Closing stock of department Y rs. 75,000.​

Answer 1

Answer:

15% is the correct answer

Explanation:

Mark as brainlist