Question : Refer to the following data table and answer the question.
What is the value of the total stock?(in lakh rupees)
Option 1: 748.6
Option 2: 74.86
Option 3: 81.97
Option 4: 299
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Correct Answer: 74.86
Solution : According to the given data in the table, Value of the total stock = Quantity of the stocks × Average cost = (99 × 15000) + (53 × 13000) + (29 × 59000) + (21 × 56000) + (97 × 25000) = 1485000 + 689000 + 1711000 + 1176000 + 2425000 = 74,86,000 = 74.86 lakhs Hence, the correct answer is 74.86.
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