The following are the figures relating to a trader:
Opening stock - Rs. 10,000
Closing stock - Rs. 11,000
Purchase - Rs. 70,000
The goods are sold at a profit of 30% on cost. The amount of sales will be:
A. Rs. 1,04,000
B. Rs. 91,000
C. Rs. 89,700
D. Rs. 21,000
Answer: Option C
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