Answer / pradeep

Call option is an right to buy shares, but no obligation to do so. in short,any one can get shares in stock exchange but there is no legal obligation that he should purchase. he may purchase or not,its completely his wish.
Put option is an right to sell shares,but no obligation to do so.he may sell or not,its completely his wish.

opening stock rs.6000 purchases rs.22000 cash sales rs.18000 credit sales rs.12000 calculate closing stock if rate of gross profit on cost of goods sold 25%.

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