R

Ram Sharma • 188.81K Points
Coach

Q. A purchased goods costing 2,60,000 for joint venture with B. B sold a major part of the goods at cost plus 25% on cost, for 2,50,000. Balance of goods were taken over by B at cost less 10%. Find out profit/loss on Joint Venture.

(A) (Loss) 10,000
(B) 55,250
(C) 44,000
(D) 50,000

Correct Answer - Option(C)

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