Question

Refer the data in the table below:

$$\begin{array}{ccc}\text{Particulars}& 2005-06& 2004-05\\ \text{Revenue from Operations}& 4,00,000& 500,000\\ \text{Other Income}& 2,75,000& 3,50,000\\ & 6,75,000& 8,50,000\\ \text{Purchase of stock in trade}& 95,000& 100,000\\ \text{Employee Benefit Expenses}& 2,75,000& 2,50,000\\ \text{Depreciation and Amortization}& 65,000& 50,000\\ \text{Profit Before Tax}& 2,40,000& 4,50,000\end{array}$$

Calculate the absolute change in Purchase of stock in trade.

• A. -5000
• B. -2500
• C. 25000
• D. None of these

Answer 1

The correct option is A

-5000

Change in Purchase of stock in trade = 95,000 - 1,00,000 = -5,000 i.e decrease of 5,000