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Mubeen Moin
Oct 22, 2012, 11:40 PM
Hussain obtains a 25% mark-up on all of the goods he sells. In the year to 31 May 2011 the goods which he bought for resale cost him Rs.25,652. His opening inventory was valued at Rs. 3720 & his closing inventory was valued at Rs. 3640/-

What was the value of his sales for the year 31 May 2011?

paraclete
Oct 23, 2012, 04:30 AM
how hard can it be? OS + Purchases - Sales at cost = CS

sales at cost x 1.25 =

learn the basic equations