Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Accounting Ratios

Question:
What will be the opening inventory if it is 10% of the cost of revenue from operations(₹640000)?
Options:
₹64000
₹74000
₹32000
₹60000
Correct Answer:
₹64000
Explanation:
Opening inventory= 640000 X 10/100 = ₹64000