Cost Rs 120 a unit, selling price Rs 150, selling cost Rs 40. Value per unit?
ARs 120
BRs 150
CRs 190
DRs 110
Answer & Solution
Correct answer: D. Rs 110
NRV is 150 - 40 = Rs 110, which is lower than the cost of Rs 120, so each unit is valued at Rs 110.
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