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Mr. Dubey • 51.17K Points
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Q. Opening stock Rs. 25000, Purchases Rs. 125000, Sales Rs. 150000, Goods salvaged Rrs. 10000 and Gross Profit is 50% on cost, then the cost of the goods burnt by fire is -

(A) Rs. 40000
(B) Rs. 50000
(C) Rs. 10000
(D) Rs. 60000

Correct Answer - Option(A)

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