[amp_mcq option1=”Rs. 46,400″ option2=”Rs. 41,400″ option3=”Rs. 60,400″ option4=”Rs. 55,400″ correct=”option1″]
The correct answer is A. Rs. 46,400.
The formula for calculating the value of opening stock is:
Opening stock = Closing stock + Cost of goods sold – Purchases
In this case, we have the following information:
- Closing stock = Rs. 53,400
- Cost of goods sold = Rs. 75,000
- Purchases = Rs. 82,000
Substituting these values into the formula, we get:
Opening stock = Rs. 53,400 + Rs. 75,000 – Rs. 82,000 = Rs. 46,400
Therefore, the value of opening stock is Rs. 46,400.
Here is a brief explanation of each option:
- Option A: Rs. 46,400. This is the correct answer.
- Option B: Rs. 41,400. This is incorrect because it is the value of closing stock, not opening stock.
- Option C: Rs. 60,400. This is incorrect because it is the value of purchases, not opening stock.
- Option D: Rs. 55,400. This is incorrect because it is the average of the values of closing stock and purchases, not the value of opening stock.