Explanation:

- Inventory Turnover Ratio indicates how many times a company sells and replaces its inventory over a specific period.

- It is calculated using the formula: Cost of Goods Sold (COGS) / Average Inventory.

- COGS can be determined by adding Purchases, Carriage, and Wages, then adjusting for the change in inventory.

- Average Inventory is calculated as: (Opening Inventory + Closing Inventory) / 2.

- For this scenario:

- COGS =  Opening stock + Purchases + Carriage + Wages - closing stock = Rs 1,00,000 + Rs 6,00,000 + Rs 25,000 + Rs 2,00,000 - 1,50,000 = Rs 7,75,000.

- Average Inventory = (Rs 1,00,000 + Rs 1,50,000) / 2 = Rs 1,25,000.

- Inventory Turnover Ratio = Rs 7,75,000 / Rs 1,25,000 = 6.2 times.