From the following information, calculate value of Opening Inventory Closing Inventory ₹ 68,000
From the following information, calculate value of Opening Inventory:
Goods are sold at a profit of 25% on Cost.
| Closing Inventory | ₹ 68,000 |
| Total Sales | ₹ 4,80,000 (including Cash Sales ₹ 1,20,000) |
| Total Purchases | ₹ 3,60,000 (including Credit Purchases ₹ 2,39,200) |
Anurag Pathak Changed status to publish March 12, 2024
