12000
percentage of 12000 out of 120000 = 10%% rate:= 12000/120000 * 100%= 0.10 * 100%= 10%
120000
1.2 x 10^5
3% of 120000 = 3% * 120000 = 0.03 * 120000 = 3600
It is 120000, exactly as it appears in the question!
120000
DR CR Inventory 120000 Capital 120000 DR CR Inventory 120000 Capital 120000
The answer is 12 Vinay Singh
1.2 x 10^5= 120000
70% of 120,000= 70% * 120000= 0.7 * 120000= 84,000
2% of 120,000 = 2% * 120000 = 0.02 * 120000 = 2,400
1% of 120,000= 1% * 120000= 0.01 * 120000= 1,200