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30-In the burglary at a godown of Bharat Goel on the night of 14" July, 2016 part of the stock was stolen.From the following particulars, find out the value of loss of stock by theft.Stock on 1' April, 20161,20,000Purchases from 1s' April to 14 July, 2016 8,20,000Sales from 1 April to 14 July, 2016 12,00,000Stock remaining after burglary24.000The normal rate of gross profit for his business is 30% of selling price. |
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