Plz give the solution of this question

Jeet · 3 Jul 2026

Yes you're right, if it is mentioned in the Question whether to take 360 or 365 as no. of days in a year ,do it accordingly otherwise take 360 days

Namrata · 3 Jul 2026

If nothing mention in the question then we have to take 360 days and not 365

Jeet · 3 Jul 2026

Step 1: Calculate Cost of Goods Sold (COGS) Formula: Opening Stock + Purchases - Closing Stock ₹90,000 + ₹2,70,000 - ₹1,10,000 COGS: ₹2,50,000 Step 2: Calculate Average Inventory Formula: (Opening Stock + Closing Stock) / 2 (₹90,000 + ₹1,10,000) / 2 Average Inventory: ₹1,00,000 Step 3: Calculate Inventory Turnover Ratio Formula: COGS / Average ₹2,50,000 / ₹1,00,000 Ans: 2.5 times Step 4: Calculate Number of Days Inventory is Held Formula: 365 days / Inventory turnover ratio 365 / 2.5 Ans: 146 days

Jeet · 3 Jul 2026

Patel bhai Solution is just down there