Multiple choice

Refer to the given data table and answer the following question. | | Quantity of stock | Average cost (Rs.) | | --- | --- | --- | | Mobile phones | 99 | 15000 | | Cameras | 53 | 13000 | | TVs | 29 | 59000 | | Refrigerators | 21 | 56000 | | ACs | 97 | 25000 | What is the value of the total stock (in lakh rupees)?

  1. 748.6

  2. 74.86

  3. 168

  4. 299
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Total value = (99*15000) + (53*13000) + (29*59000) + (21*56000) + (97*25000). This equals 1485000 + 689000 + 1711000 + 1176000 + 2425000 = 7486000. In lakh rupees, this is 74.86.

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