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 Average inventory = Rs. 30,000. Closing Inventory is Rs. 5,000 more than opening inventory. Then the value of closing inventory will be
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Average inventory = Rs. 30,000. Closing Inventory is Rs. 5,000 more th...
Just divide 5,000 by 2. You will get 2,500. Add and subtract 2,500 to 30,000.
So the two extremes will be 27,500 (30,000-2,500) and 32,500 (30,000+2,500)
Since it is given that Closing Stock is 5,000 higher than Opening Stock, Closing Stock has to be the
higher of the two, that is, Rs 32,500

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Average inventory = Rs. 30,000. Closing Inventory is Rs. 5,000 more than opening inventory. Then the value of closing inventory will be
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