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Average stock Rs. 14,000, closing stock is Rs. 3,000 more than the opening stock, then closing stock is ___
  • a)
    Rs. 15,500
  • b)
    Rs. 15,000
  • c)
    Rs. 12,200
  • d)
    Rs. 12,000
Correct answer is option 'C'. Can you explain this answer?
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Average stock Rs. 14,000, closing stock is Rs. 3,000 more than the ope...
Calculation of Closing Stock

Given:
Average stock = Rs. 14,000
Closing stock = Opening stock + Rs. 3,000

To find:
Closing stock

Solution:
Let the opening stock be x
According to the given data,
Average stock = (Opening stock + Closing stock)/2
14,000 = (x + x+3,000)/2
28,000 = 2x + 3,000
2x = 25,000
x = 12,500

Therefore, opening stock = Rs. 12,500
Closing stock = Rs. 12,500 + Rs. 3,000 = Rs. 15,500

Hence, the correct option is (C) Rs. 15,500.
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Average stock Rs. 14,000, closing stock is Rs. 3,000 more than the ope...
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Average stock Rs. 14,000, closing stock is Rs. 3,000 more than the opening stock, then closing stock is ___a)Rs. 15,500b)Rs. 15,000c)Rs. 12,200d)Rs. 12,000Correct answer is option 'C'. Can you explain this answer?
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Average stock Rs. 14,000, closing stock is Rs. 3,000 more than the opening stock, then closing stock is ___a)Rs. 15,500b)Rs. 15,000c)Rs. 12,200d)Rs. 12,000Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Average stock Rs. 14,000, closing stock is Rs. 3,000 more than the opening stock, then closing stock is ___a)Rs. 15,500b)Rs. 15,000c)Rs. 12,200d)Rs. 12,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Average stock Rs. 14,000, closing stock is Rs. 3,000 more than the opening stock, then closing stock is ___a)Rs. 15,500b)Rs. 15,000c)Rs. 12,200d)Rs. 12,000Correct answer is option 'C'. Can you explain this answer?.
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