question_answer

Refer the following data table and answer the question.

	Quantity of stock	Average Cost (Rs.)
Mobile
Phones	59	15000
Cameras	72	16000
TVs	77	36000
Refrigerators	100	28000
ACs	98	23000

What is the value of the total stock (in lakh rupees)?

A)  986.3                          

B)  118

C)  98.63                          

D)  406

Correct Answer: C

Solution :

 Required price of total stock \[=Rs.(59\times 15+72\times 16+77\times 36+100\times 28+98\times 23)\]thousand = Rs. Thousand = Rs 9863 thousand = Rs 98.63 lakh