alleryStart learning →Goods sold for USD 5,000 at Rs 75 are paid for at Rs 78 in the same year. Gain?
ARs 1,500
BRs 3,000
CRs 3,75,000
DRs 15,000
Answer & Solution
Correct answer: D. Rs 15,000
USD 5,000 times the Rs 3 rise equals Rs 15,000, recognised as income in the period.
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