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Irfan Automobiles Ltd. was registered on 01-01-2014 with a Capital of OMR 600,000 with the purpose of buying and selling Motorcycles. The purchase price of

Irfan Automobiles Ltd. was registered on 01-01-2014 with a Capital of OMR 600,000 with the purpose of buying and selling Motorcycles. The purchase price of motorcycle was OMR 8000 on 01- 01- 2014 and OMR 10,000 on 31-12-2014. The general price level increased by 20% during the year 2014. The company purchased 5 motorcycles on 01-01-2014 and sold 3 motorcycles during the year at an average price of OMR 14,000. What is the amount of Operating Gain?

a-OMR 10,500

b-OMR 6,000

c-OMR 4,500

d-OMR 12,000

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