What will be the opening inventory if it

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Target Exam

CUET

Subject

-- Accountancy Part B

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