CUET UG 2025 — Accountancy Financial Statements

Given Information:

• Opening Inventory = ₹20,000
• Average Inventory = ₹40,000
• Closing Inventory = ?

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The formula for Average Inventory is:

$$\text{Average Inventory} = \frac{\text{Opening Inventory + Closing Inventory}}{2}$$Average Inventory=2Opening Inventory + Closing Inventory​

Substituting the given values:

$$40,000 = \frac{20,000 + \text{Closing Inventory}}{2}$$40,000=220,000+Closing Inventory​

Multiplying both sides by 2:

$$80,000 = 20,000 + \text{Closing Inventory}$$80,000=20,000+Closing Inventory

$$\text{Closing Inventory} = 80,000 - 20,000 = 60,000$$Closing Inventory=80,000−20,000=60,000

Therefore, the Closing Inventory is ₹60,000 (Option 3).

This makes logical sense as the average of 20,000 and 60,000 equals 40,000, confirming our answer.