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Question
What will be the trend percentage if the inventory of a firm is ₹ 2,00,000, ₹ 2,40,000, ₹ 3,00,000 and ₹ 4,00,000 respectively?
Options
1, 1.2, 1.5, 2
10, 12, 15, 20
100, 120, 150, 200
None of the above
MCQ
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Solution
100, 120, 150, 200
Explanation:
Trend Percentage = `"Current year inventory"/"Base year inventory" xx 100`
Given:
Base Year Inventory = ₹ 2,00,000
Year 1: `(₹ 2,00,000)/(₹ 2,00,000) xx 100` = 100
Year 2: `(₹ 2,40,000)/(₹ 2,00,000) xx 100` = 120
Year 3: `(₹ 3,00,000)/(₹ 2,00,000) xx 100` = 150
Year 4: `(₹ 4,00,000)/(₹ 2,00,000) xx 100` = 200
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