If the beginning inventory is Tk 18,000, Purchase is Tk 86,000, Purchase return is Tk 4,000, Sales is Tk 1,20,000 and the mark-up on the cost is 25%, then what is the value of closing inventory?
ক
Tk 2000
খ
Tk 4000
গ
Tk 6000
ঘ
Tk 10000
ঙ
None of these
সঠিক উত্তর: Tk 4000
It said Mark-up, then COGS = 120000/1.25 = 96000