Question : When opening stock is Rs.50,000 closing stock Rs.60,000 and cost of goods sold is Rs.2,20,000, then stock turn over ratio is?

Option 1: 3 times

Option 2: 4 times

Option 3: 2 times

Option 4: 5 times

Question : Find the stock turnover ratio from the following:
Opening stock Rs.39,000 Closing stock Rs.41,000 Purchases Rs.2,52,000.

Option 1: 12 Times

Option 2: 15 Times

Option 3: 9 Times

Option 4: 6.25 Times

Question : Change in stock= ?

Option 1: Closing + Opening stock

Option 2: Closing - Opening stock

Option 3: Opening - Closing stock

Option 4: None of the above.

Question : Calculate the amount of medicines consumed during the year ended 31st March, 2019:

Opening Stock of Medicines Rs. 50,000
Closing Stock of Medicines Rs. 45,000 more than Opening Stock
Amount paid for medicines during the year Rs. 2,00,000
Opening Creditors Rs. 20,000
Closing Creditors 50% of Opening Creditors

Option 1: Rs 1,45,000

Option 2: Rs 1,35,000

Option 3: Rs 1,55,000

Option 4: Rs 2,05,000