Please provide me the ans. Of this

Dear Student
Inventory turnover ratio = COGS/ Average Inventory
          6                          = 300000/ Average Inventory
Average Inventory = 50000
Let closing inventory be x
opening inventory = x-10000
Average Inventory = (Opening inventory + Closing inventory) /2
50000                   = (x -10000 +x)/2
50000 x 2             = 2x - 10000
100000 + 10000     = 2x
110000/2                = x
55000                   = x = Closing inventory

55000 - 10000 = 45000 = opening inventory

Note: Here is printing mistake, I think as it should be "opening inventory"

Regards
 

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