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Home/Practice questions/Accountancy Part B

Accountancy Part BAccounting Ratios

What will be the opening inventory if it is 10% of the cost of revenu…

What will be the opening inventory if it is 10% of the cost of revenue from operations(₹640000)?

Answer & explanation+

Correct answer: option 1

Opening inventory= 640000 X 10/100 = ₹64000

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