Home / MCQ Bank / Commerce
Commerce Accounting Difficulty: Medium

Given: Sals - Rs. 2,00,000 Gross Profit - 25% of cost Stock velocity - 3 months Closing stock is Rs. 2,000 more than the opening stock.

Select the correct option to test your answer:

More Commerce Questions

If marginal utility is zero then Match the following. List-I List-II a. Decrease in own price 1. Contraction in demand b. Unfavourable change in taste 2. Extension in demand c. Increase in own price 3. Decrease in demand The expenditure on raw material is- Elasticity of demand is equal to unity while marginal revenue is Neo-classical theory of organisation is characterised by