The dealer of construction materials due to unknown reason took physical stock ofinventories on 11th April.The cost of stock was Rs.4,20,000 (including goods returned on consignment basis). The dealer received goods cost Rs.1,00,000 in March 2011 for sale on consignment basis. 20% goods have been sold in March, 60% of stock in between 1st – 10th April. Find cost of stock on 31-3-11.

The dealer of construction materials due to unknown reason took physi

1.	The dealer of construction materials due to unknown reason took physical stock ofinventories on 11th April.The cost of stock was Rs.4,20,000 (including goods returned on consignment basis). The dealer received goods cost Rs.1,00,000 in March 2011 for sale on consignment basis. 20% goods have been sold in March, 60% of stock in between 1st – 10th April. Find cost of stock on 31-3-11.
A.	3,20,000
B.	4,00,000
C.	3,40,000
D.	3,60,000
Answer» C. 3,40,000