Opening stock - 1,50,000 Cash sales - 1,20,000 Credit sales - 2,30,000 – McqOptions

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1.	Opening stock - 1,50,000 Cash sales - 1,20,000 Credit sales - 2,30,000 Closing stock - Nil Selling price - 125% of cost,nthen purchases =?
A.	1,50,000
B.	1,40,000
C.	1,30,000
D.	1,20,000
Answer» D. 1,20,000

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