Refer to the data table below and answer the following question:
Quantity of stock Average Cost (Rs)
Mobile Phones: 89 12000
Cameras: 69 19000
TVs: 96 32000
Refrigerators: 40 42000
ACs: 94 25000
What is the value of the total stock (in lakh rupees)?
- A948.1
- B130
- C388
- D94.81
Solution & Step-by-step Explanation
Let's calculate the total value for each item:
Mobile Phones =89×12000=10,68,000
Cameras =69×19000=13,11,000
TVs =96×32000=30,72,000
Refrigerators =40×42000=16,80,000
ACs =94×25000=23,50,000
Total Stock Value =10,68,000+13,11,000+30,72,000+16,80,000+23,50,000
=94,81,000 Rs
Since 1 lakh=1,000,000, the total value in lakh rupees is:
1,00,000
94,81,000
=94.81 lakhs
Mobile Phones =89×12000=10,68,000
Cameras =69×19000=13,11,000
TVs =96×32000=30,72,000
Refrigerators =40×42000=16,80,000
ACs =94×25000=23,50,000
Total Stock Value =10,68,000+13,11,000+30,72,000+16,80,000+23,50,000
=94,81,000 Rs
Since 1 lakh=1,000,000, the total value in lakh rupees is:
1,00,000
94,81,000
=94.81 lakhs