i putten case 1 as question there is answer from chegg which i think its wrong.. in the other answer we have taken the diffrence and also multipilation is diffrent so which answer is right? with the reason..

yout Search Times New Ro - 18 A A Aa. Po BIU.XX AD.A. 11 . AaBbCCD Normal AaBbCcDx AaBb AaBbCct No Spec Heading! Heading 2 . Paragraph Font Font . Particulars Historical Cost Conversation value CPP Method 3000x180/100-5400 C.A value (Cash) 1-1-2001 3000 (+) Addition (6000-3000-3000 3000x180/150 3600 Closing C.A value (Debtors) 1-1-2001 Net Gain 2000 6000-9000 (3000) 2000x180/100-3600 (+) Addition (500-2000)1500) -1500x180/150 (1800) Closing C.L value (Creditors)1-1-2001 Net Gain 500 500-1800-(1300) 500x 180/100-900 (200-500)(300) 300x180/150-360 (+) Addition Closing Net Loss (C.A-C.L) 200-1260- (1060) Net (3240) Opening Index - 100 Closing Index - 180 Average Index - 150 CASE 1: Calculate net monetary gain or loss form the following information related to year 2001. 1-1-2001 31-12-2001 Cash 3000 6000 Debtors 2000 500 Creditors 500 200 General Price Index 100 180 Assuming average price index for the year is 150 Particulars 01.01.2001 31.12.2001 General Price Index Cash 3000 6000 6000/180*150 = 5000 Debtors 2000 500 500/180*150 = 416.67 Credirors (500) (200) 200/180*150 = 166.67 Total 4500 6300 5250 Net Monetary Gain is 5250 - 4500 = 750