The following table shows quantity of stocks and their average cost What is the value of the total stock? (in lakh rupees).
| Quantity of stock | Average cost (Rs.) | |
| Mobile Phones | 25 | 15000 |
| Cameras | 80 | 16000 |
| TVs | 54 | 55000 |
| Refrigerators | 41 | 27000 |
| ACs | 64 | 24000 |
Answer & explanation
Correct answer: option 3
Sum of stock of mobile phones = 25 × 15000 = 375000
Sum of stock of Cameras = 80 × 16000 = 1280000
Sum of stock of TVs = 54 × 55000 = 2970000
Sum of stock of Refrigerators = 41 × 27000 = 1107000
Sum of stock of ACs = 64 × 24000 = 1536000
Total sum of stock = 375000 + 1280000 + 2970000 + 1107000 + 384000
= 7268000
= 72.68 lakh