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Given Stock turnover 6 times Total Sales Rs 3 00 000...

This question belongs to Commerce Accounting
Accounting
?

Given:
Stock turnover 6 times
Total Sales Rs. 3,00,000
Gross profit Ratio 20%
Closing stock is Rs. 4,000 more than the opening stock. The opening stock will be:

Answer & Solution
Correct Answer: Option B
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