20000 is corfo. Itr is 8 times. Opening inventory is 1.5 times more than closing inventory. Calculate opening and closing inventory

20000 is corfo. Itr is 8 times. Opening inventory is 1.5 times more th

1.	20000 is corfo. Itr is 8 times. Opening inventory is 1.5 times more than closing inventory. Calculate opening and closing inventory
Answer» INVENTORY=corfo.×itr =20000×8=160000let CLOSING inventory is X and OPENING will be 1.5x+xaverage inventory=x+1.5x+x/2160000=3.5x/2x=320000/3.5=91428opening will be=2.5*91428=228570