Goods of the sale price of Rs.8000 were sent to a customer on sale or return basis. Till the end of the year the goods were neither returned nor approved. The profit is 25% on cost. The inventory with customer to be included to the closing inventory of the trader will be Rs

Goods of the sale price of Rs.8000 were sent to a customer on sale or

1.	Goods of the sale price of Rs.8000 were sent to a customer on sale or return basis. Till the end of the year the goods were neither returned nor approved. The profit is 25% on cost. The inventory with customer to be included to the closing inventory of the trader will be Rs
A.	6400
B.	7000
C.	6000
D.	6500
Answer» B. 7000