Read the following information and answer the following question.

Calculate the inventory turnover ratio.

6 times

The correct answer is option 4- 6 times.

Inventory Turnover Ratio = Cost of Revenue from Operations / Average Inventory
                                          = 3,00,000/50,000
                                          = 6 times

* Average inventory = (Inventory in the beginning + Inventory at the end)/ 2
                                = (55000 + 45000) / 2
                                = ₹50,000