Question
Sales = Rs. 50,000/-, G.P. on sales is 10%, Purchases
40,000/-, Opening Stock = 70,000/-, Find the closing stock.Solution
Cost of goods Sold =Opening stock + Purchases - Closing stock     (1) In this case G.P. (Gross Profit) = 10% on sales = 10% of Rs. 50,000/ = 5,000/- Means cost of goods sold = Sales – Profit on sale =50000-5000 =45000          (2) Now from (1) & (2) 45000 = 70000 + 40000 – Closing Stock Or Closing Stock = 65,000/-
Select the most appropriate opposite of the given COMPLIMENTATY
Select the most appropriate ANTONYM of the bold word.
The politician was flummoxed by the questions put to him.
Speaking or performing without preparation
Select the word with the correct spelling.
The manager was cautious in making decisions.
A child born after his or her father’s death
Swindle
anxiety
Select the wrongly spelt word.
A large building where aircraft are stored.
