Calculate Purchase on Investment. The information is Opening balance of Investment – Rs. 2,50,000, closing balance Investment – Rs. 5,00,000, Sale – Rs.1,37,500, Profit on sale – Rs.12,500.
  • a)
    Rs. 3,75,000
  • b)
    Rs. 2,75,000
  • c)
    Rs. 3,50,000
  • d)
    Rs. 2,50,000
Correct answer is 'A'. Can you explain this answer?

Commerce Question

By Jaibir Singh · Jun 25, 2018 ·Commerce
15 Answers
Sudhi Sudarshan answered Jun 03, 2018
No I don't know how to explain this answer

Lily Sahu answered 3 weeks ago
Closing bal. +sales -opening bal-profit 500000+137500-250000-12500=375000

Shona Shona answered Jun 04, 2020
Closing balance+ sales - opening balance - profit on sale
5,00,000. + 1,37,500 - 2,50,000 - 12,500
= 3,75,000

Sarthak Jain answered May 30, 2020
500000+137500-250000-12500=375000

Swarnim Sharma answered Jun 25, 2018
For making this...you will simply make.. investment account..on the debit side put the opening balnace...and profit on sale on investment..and purchase whose amount is not known to uand on the credit side put closing balance..and sale of investment..after that balance both side and the remaining amount which you will get put that amount in the purchase amount...

Rocky Gupta answered Jun 04, 2020
Impressive g

Dhanya Sree answered 5 days ago
Closing balance of Investment -5,00,000
Add. Sales. -1,37,500.

Total : 6,37,500

less profit on Sale. -(12,500)

Total: 6,25,000

less Opening balance. -(2,50,000)

3,75,000

So the final answer is option A. 3,75,000..

Abhishek Mishra answered 6 days ago
For purchase of anything in such questions follow the formula = (Closing Balance +Sale —Opening Balance —Profit on sale.)

Here it is=5,00,000 +1,37,500 —2,50,000—12,500= 3,75,000

Preet Riar answered Jun 25, 2018
Purchase of I=opening-sale+profit purchase=250000-137500=112500+12500=125000 purchase =closing investment-investment after calculation purchase =500000-125000=375000

Nikita Beri answered Feb 01, 2020
Purchase of investment during the year Rs.3,75,000 i.e. 5,00,000 + 1,37,500 – 2,50,000 – 12,500 = 3,75,000

Deepesh Aggarwal answered 4 weeks ago
Purchase on investment = closing -opening-profit+sale

Charanjeet Sharma answered 3 weeks ago
Answer is (a) opening balance+sale and _profit

Neeraj Gupta answered 2 weeks ago
Closing balance+sales-opening balance-profit on sale 5,00,000+1,37,000-2,50,000-12,500=3,75,000

This discussion on Calculate Purchase on Investment. The information is Opening balance of Investment – Rs. 2,50,000, closing balance Investment – Rs. 5,00,000, Sale – Rs.1,37,500, Profit on sale – Rs.12,500.a)Rs. 3,75,000b)Rs. 2,75,000c)Rs. 3,50,000d)Rs. 2,50,000Correct answer is 'A'. Can you explain this answer? is done on EduRev Study Group by Commerce Students. The Questions and Answers of Calculate Purchase on Investment. The information is Opening balance of Investment – Rs. 2,50,000, closing balance Investment – Rs. 5,00,000, Sale – Rs.1,37,500, Profit on sale – Rs.12,500.a)Rs. 3,75,000b)Rs. 2,75,000c)Rs. 3,50,000d)Rs. 2,50,000Correct answer is 'A'. Can you explain this answer? are solved by group of students and teacher of Commerce, which is also the largest student community of Commerce. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for Commerce on EduRev and even discuss your questions like Calculate Purchase on Investment. The information is Opening balance of Investment – Rs. 2,50,000, closing balance Investment – Rs. 5,00,000, Sale – Rs.1,37,500, Profit on sale – Rs.12,500.a)Rs. 3,75,000b)Rs. 2,75,000c)Rs. 3,50,000d)Rs. 2,50,000Correct answer is 'A'. Can you explain this answer? over here on EduRev! Apart from being the largest Commerce community, EduRev has the largest solved Question bank for Commerce.
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