1.

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
Answer» B. Rs. 50000


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