Examveda
Examveda

What is the amount of purchases, when:
Opening stock is = Rs. 10,000
Closing stock is = Rs. 8,000
Sales is = Rs. 1,10,000
Cost of goods sold is = Rs. 80,000

A. Rs. 78,000

B. Rs. 30,000

C. Rs. 82,000

D. Rs. 92,000

Answer: Option A


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