stock- 75000

mrs. rita choudhary took over 50 percent of stock at 20 percent discount.

balance of the stock was sold off at a profit of 30 percent on cost.

i want to know the about for both the above adjustments.

total stock = 75,000

50% stock = 1/2 x 75,000 = 37,500

discount on 37,500 (1st half ) = 20% of 37,500 = 20/100 x37,500 = 7500

stock amount = 37,500 - 7500 = 30,000

other half sold at 30%profit ---

2nd half of stock = 37,500

Profit 30% = 30/100x 37500 = 11,250

selling price of stock = 37,500 +11,250 = 48,750

  • 10

thanks komal....u really helped me a lot

  • 2
What are you looking for?