WAEC Commerce 2001 Question 35

Use the following information: XY Ltd's stock as at 1st February, 1998, was N2,000 and as at 31st December was N4,000. It purchased goods worth N6,000 during the year and paid N1,000 for rent.
The average stock is

1. A.N2,000
2. B.N3,000
3. C.N4,000
4. D.N6,000