"Calculate EOQ (approx) from the following details:
Annual Consumption: 24000 units
Ordering cost: Rs 10 per order
Purchase price: Rs 100 per unit
Carrying cost: 5%"

Plz explanation sir

EOQ= Root over of [ (2 x Annual Consumption x Ordering Cost Per Order) / Carrying Cost Per Unit]
Here, Annual Consumption = 24000 Units, Purchase Price= Rs. 100 Per unit, Ordering Cost Per Unit= (100 x 5%)= Rs. 5
EOQ= Root over of [ (2 x 24000 x 10) / 5]

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under root of 2*24000*10/100*.05=310(approx)