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If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800
and Closing stock
Rs.6,000. Then the amount of purchase will be
(a) Rs.80,500
(b) Rs.74,900
(c) Rs.74,700
(d) Rs.80,900.

Answers were Sorted based on User's Feedback



If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the a..

Answer / mahendra rajput

Ans is Rs.80900/-

Formula for the same is
Opening + Purchase - Closing stock = Sale
5800 + - 6000 = 80700

So, 80700 + 6000 - 5800 = 80900.

Is This Answer Correct ?    34 Yes 1 No

If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the a..

Answer / tah

the formula is
opening + purchase - sales - closing stock

5800+ (80900 )?-80700-6000

so its tally

Is This Answer Correct ?    5 Yes 1 No

If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the a..

Answer / sakshi rai

COGS=purchases+opening stock-closing stock
80700=purchases+5800-6000
Purchases=80700+200
=80900

Is This Answer Correct ?    2 Yes 1 No

If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the a..

Answer / shreyash

COGS = Purchase + Opening Inventory - Closing Inventory
So, 80,700 = Purchase + 5800 - 6000
Purchase = 80,700 - (-200)
Purchase = 80,700 + 200
Purchase = 80,900

Is This Answer Correct ?    2 Yes 1 No

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