Explanation:

- The Current Ratio is given as 2.5:1. This means for every Rs1 of liabilities, there are Rs2.5 of current assets. Here, Current Assets are Rs7,50,000.

- Current Liabilities can be calculated as Rs7,50,000 / 2.5 = Rs3,00,000.

- The Liquid Ratio is 1.6:1. This means for every Rs1 of current liabilities, there are Rs1.6 of liquid assets.

- Liquid Assets = Rs3,00,000 * 1.6 = Rs4,80,000.

- Inventory is included in current assets but not in liquid assets. So, Inventory = Current Assets – Liquid Assets.

- Inventory = Rs7,50,000 – Rs4,80,000 = Rs2,70,000.

?? Correct Answer: Option 3 - Rs2,70,000