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If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than value of opening stock. Closing stock will be :
- a)Rs. 16,000
- b)Rs. 18,000
- c)Rs. 20,000
- d)Rs. 22,000
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than v...
let os be x , then cs will be 4000+x
average stock =x+x+4000/2=20000
os = 18000
cs = 22000
Most Upvoted Answer
If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than v...
Given: Average stock = Rs. 20,000
Closing stock = Opening stock + Rs. 4,000
To find: Closing stock
Solution:
Let the opening stock be x.
According to the question,
Average stock = (Opening stock + Closing stock) / 2
=> 20,000 = (x + (x+4,000)) / 2
=> 20,000 = (2x + 4,000) / 2
=> 20,000 * 2 = 2x + 4,000
=> 40,000 = 2x + 4,000
=> 2x = 40,000 - 4,000
=> 2x = 36,000
=> x = 18,000
Therefore, opening stock = Rs. 18,000
Closing stock = Opening stock + Rs. 4,000
= 18,000 + 4,000
= Rs. 22,000
Hence, the correct answer is option D, Rs. 22,000.
Closing stock = Opening stock + Rs. 4,000
To find: Closing stock
Solution:
Let the opening stock be x.
According to the question,
Average stock = (Opening stock + Closing stock) / 2
=> 20,000 = (x + (x+4,000)) / 2
=> 20,000 = (2x + 4,000) / 2
=> 20,000 * 2 = 2x + 4,000
=> 40,000 = 2x + 4,000
=> 2x = 40,000 - 4,000
=> 2x = 36,000
=> x = 18,000
Therefore, opening stock = Rs. 18,000
Closing stock = Opening stock + Rs. 4,000
= 18,000 + 4,000
= Rs. 22,000
Hence, the correct answer is option D, Rs. 22,000.
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Community Answer
If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than v...
Just divide 4000 by 2 and add it with average stock. You will get the answer
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If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than value of opening stock. Closing stock will be :a)Rs. 16,000b)Rs. 18,000c)Rs. 20,000d)Rs. 22,000Correct answer is option 'D'. Can you explain this answer?
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If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than value of opening stock. Closing stock will be :a)Rs. 16,000b)Rs. 18,000c)Rs. 20,000d)Rs. 22,000Correct 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 If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than value of opening stock. Closing stock will be :a)Rs. 16,000b)Rs. 18,000c)Rs. 20,000d)Rs. 22,000Correct 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 If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than value of opening stock. Closing stock will be :a)Rs. 16,000b)Rs. 18,000c)Rs. 20,000d)Rs. 22,000Correct answer is option 'D'. Can you explain this answer?.
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If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than value of opening stock. Closing stock will be :a)Rs. 16,000b)Rs. 18,000c)Rs. 20,000d)Rs. 22,000Correct answer is option 'D'. Can you explain this answer?, a detailed solution for If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than value of opening stock. Closing stock will be :a)Rs. 16,000b)Rs. 18,000c)Rs. 20,000d)Rs. 22,000Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of If average stock is Rs. 20,000. Closing stock is Rs. 4,000 more than value of opening stock. Closing stock will be :a)Rs. 16,000b)Rs. 18,000c)Rs. 20,000d)Rs. 22,000Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
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