Calculate the closing inventory from the following information:
·        Purchases Rs.90,000
·        Sales Rs.125,000
·        Opening inventory Rs.25,000
·        Gross profit on cost = 25%
Gross profit on cost of 25% = Gross profit of 20% on sales Gross profit = 125000*20% = 25000 COGS = Sales – gross profit = 125,000-25,000 = 100,000 COGS = Opening inventory + purchases – closing inventory 100000 = 25000 +90000 – closing stock Or closing inventory = 15000
Rashmi and Rahul’s father ………. not well.
When I …….. the premises, she will follow me.
Select the INCORRECTLY spelt word.
Led by the nose
Piping Hot
Hardly did we begin our journey ……. it started to rain.
Have a screw loose
Two …………………………………. are visiting the organisation today.
Fill in the blanks with correct words from the options.
When I rang the bell, he came ___________ __________.
A) Maxim              Â
B) Irreverence    Â
C) KnellÂ
D) Derision
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