(vii) At the time of dissolution of a partnership firm, its Balance Sheet showed stock of ₹ 40,000 comprising of easily marketable items, obsolete items and a few miscellaneous other items. These items were realised as:
• Easily marketable items: 70% of the total inventory - in full. • Obsolete items: 10% of the remaining inventory - discarded. • The miscellaneous other items in the stock - 20% of their book value.
You are required to calculate the amount realised from the sale of stock.
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