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The following purchases were made by a business house having two departments in 2017-18 .Department X - 2,000 units and department Z - 12,00 units ( at a total cost of Rs. 75,000) Stock on 1st April 2017 ; Department X : 120 units and Department Z : 80 units.Sales during the year 2017 - 18 were : Department X : 1020 units at Rs. 10 eachDepartment Z : 1920 units at Rs . 12.50 each The Rate of Gross Profit is the same in each case. Calculate Rate of Gross Profit, Cost per unit , Purchases , Opening Stock , Closing Stock from the above information. |
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