Question

ún 2013 - 14 € on 1 10.14 fire broke out in the godown of me. Suresh which destroyed all stocks calculate the amount of Insurance claim for the stock from the following details Sales in 2012-13 , Rs. 300,000 Gross profit un 2012-13 $60,000 sales in 40,0000 -Gross profit in do 13-14 is R, 60,000 slock as on 1.4.2014 was 2,90,000 perrchases from 1.4.2013 to the the date of fire was 4,00,000 sales from 1.4.2014 to the date 8 @ 22 7,20,000 a slock as on 31.3.14 had been undervailed by s.l. b Slock taking held in June had revealed that slock casting & 60.000 well lying in the damaged conditions c. 5of of the block had been sold in August 2014 at 50% of the cost & the balance were expected to be sold 40% of the cost
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Answer 1

Answer:

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