CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The maximum difference between the amount invested in Raw materials and value of sales of finished goods was during the year?
548261.jpg

A
1995
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
1996
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
1997
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
1998
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is D 1997
The differences between the amount invested in raw material and the value of sales of finished goods for various years are:
For 1995 = Rs. (200 - 120) lakhs = Rs. 80 lakhs.
For 1996 = Rs. (300 - 225) lakhs = Rs. 75 lakhs.
For 1997 = Rs. (500 - 375) lakhs = Rs. 125 lakhs.
For 1998 = Rs. (400 - 330) lakhs = Rs. 70 lakhs.
For 1999 = Rs. (600 - 525) lakhs = Rs. 75 lakhs.
For 2000 = Rs. (460 - 420) lakhs = Rs. 40 lakhs.
Clearly, maximum difference was during 1997.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon