CA CPT Model Test Paper 1 with solutions for online practice

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Question : 54 of 201
 
Marks: +1, -0
Find out the missing item using the following information:
Opening Stock Rs. 60,000
Purchases Rs. 3,40,000
Sales Rs. 4,80,000
Gross margin on sales 25%
Stock as per physical verification Rs. 32,500
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