Question #74899

Fixed capital at the end of the year 2013 was Rs.50 crore and at the end of the year 2014 Rs.55 crore.Closing stock at the end of the year 2013 and 2014 was respectively Rs.10 crore and Rs.5 crore respectively.Calculate the gross investment during 2014 is:-

Expert's answer

Gross investment=55-50+5=10

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