Accounting and Auditing

The opening stock of goods is Rs. 50,000, the closing stock of goods is Rs. 1,75,000 and the goods purchased during the year are Rs. 2,00,000. The cost of goods sold is:

1

Rs. 1,25,000

2

Rs. 1,75,000

3

Rs. 75,000

4

Rs. 3,25,000

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