ABC Ltd., a telecom company was passing through a bad phase of business cycle and banks were unwilling to lend further amount. It decided to do introspection and compiled following information for the purposes of analysis:

What will be the opening inventory of the company?

₹30000

Let us assume opening inventory is x
So, closing inventory will 50000 - x
x- (50000-x) = ₹10000
x-50000 + x = 10000
2x= 60000
 x= ₹30000
Opening inventory will be ₹30000