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The Zed Company, a whole seller estimates the following sales for the indicated months:




Selling price is 125% of the purchase price.

The cost of goods sold for the month of June, 2006 is:

  • a)
    Rs. 15,20,000

  • b)
    Rs. 14,02,500

  • c)
    Rs. 12,75,000

  • d)
    Rs. 13,60,000

Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
The Zed Company, a whole seller estimates the following sales for the ...
Total sales for the the month of June, 2006 = 1700000
sales = 125 % of purchase price i.e cost
purchase price = 1700000*100/125 = 1360000
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Community Answer
The Zed Company, a whole seller estimates the following sales for the ...
Given Data for June 2006:
  • Total Sales: Rs. 17,00,000
  • Selling price is 125% of the purchase price.
Calculations: 
Determine the Purchase Price from the Selling Price:


This value represents the cost of goods that were sold to achieve the total sales for June 2006.
The cost of goods sold for the month of June, 2006 is Rs. 13,60,000, which corresponds to Option D: Rs. 13,60,000.
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The Zed Company, a whole seller estimates the following sales for the indicated months:Selling price is 125% of the purchase price.The cost of goods sold for the month of June, 2006 is:a)Rs. 15,20,000b)Rs. 14,02,500c)Rs. 12,75,000d)Rs. 13,60,000Correct answer is option 'D'. Can you explain this answer?
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The Zed Company, a whole seller estimates the following sales for the indicated months:Selling price is 125% of the purchase price.The cost of goods sold for the month of June, 2006 is:a)Rs. 15,20,000b)Rs. 14,02,500c)Rs. 12,75,000d)Rs. 13,60,000Correct answer is option 'D'. 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 The Zed Company, a whole seller estimates the following sales for the indicated months:Selling price is 125% of the purchase price.The cost of goods sold for the month of June, 2006 is:a)Rs. 15,20,000b)Rs. 14,02,500c)Rs. 12,75,000d)Rs. 13,60,000Correct answer is option 'D'. 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 The Zed Company, a whole seller estimates the following sales for the indicated months:Selling price is 125% of the purchase price.The cost of goods sold for the month of June, 2006 is:a)Rs. 15,20,000b)Rs. 14,02,500c)Rs. 12,75,000d)Rs. 13,60,000Correct answer is option 'D'. Can you explain this answer?.
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