Given the following data extracted from the book of Abdul traders:
Opening stock = Rs. 30,000
Closing stock = Rs. 40,000
Purchases = Rs. 1,25,000
Carriage inwards = Rs. 2,000
Carriage outwards = Rs. 3,000
Return outwards = Rs. 5,000
Sales = Rs. 1,50,000
The cost of goods sold will be

A. Rs. 1,30,000

B. Rs. 1,12,000

C. Rs. 1,20,000

D. Rs. 1,15,000

Answer: Option B