(`) Opening stock 15000 Purchase 60000 Wages 46000 Fuel 15000 Sale 145000 The balance in books of X, a sole proprietor were Closing Stock ` 26,000 whose net realisable value was ` 28,000. Find the gross profit.

(`) Opening stock 15000 Purchase 60000 Wages 46000 Fuel 15000 Sale 145

1.	(`) Opening stock 15000 Purchase 60000 Wages 46000 Fuel 15000 Sale 145000 The balance in books of X, a sole proprietor were Closing Stock ` 26,000 whose net realisable value was ` 28,000. Find the gross profit.
A.	` 35,000
B.	` 42,500
C.	` 54,500
D.	` 57,000
Answer» B. ` 42,500

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(`) Opening stock 15000 Purchase 60000 Wages 46000 Fuel 15000 Sale 145000 The balance in books of X, a sole proprietor were Closing Stock ` 26,000 whose net realisable value was ` 28,000. Find the gross profit.

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