Romesh took over stock at Rs.8,100, which is 10% less than its book value. The book value of the stock was........... |
₹8910 ₹9,200 ₹9,000 ₹8,000 |
₹9,000 |
The correct answer is option 3- ₹9,000. Romesh took over stock at ₹8,100, which is 10% less than its book value. 90% = 8,100 So, book value of stock is 9,000 |