India departmental accounts

[poonam]

mr singh purchased goods for three departments as follow
Dept x 200 units
Dept y 500 units
Dept z 100 units total cost of purchase is rs 4,6000

Opening stocks:- Dept x 10 units
Dept y 20 units
Dept z 30 units

Sales:- Dept x 190 units @ Rs 48 per unit
Dept y 500 units @ Rs 72 per unit
Dept z 120 units @ Rs 104 per unit

Rate of gross profit is same in dept x and y. Dept z sells its goods at some different rate of gross profit which is 30% on cost
Find out net profit/loss making 10% reserve for closing stock

( Gp -x rs 1520 Y rs 6000 and z rs 2880. combined profit rs 10120)

 

[hasnat]

hello dear

how can you sale 120 out of 100 units ? in department z

 

[bklynboy]

hello dear

how can you sale 120 out of 100 units ? in department z

He had 30 in opening inventory and added 100 more for a total of 130 of which 120 is sold.