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Solution of Q 171 Accounting Ratios TS Grewal 2023-24 [CBSE]

Question 171 of 182Chapter 3Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 171, Chapter 3 Accounting Ratios, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 171

Calculate Revenue from Operations of BN Ltd. from the following information:

Current Assets ₹ 8,00,000.

Quick Ratio is 1.5 : 1

Current Ratio is 2 : 1.

Inventory Turnover Ratio is 6 times.

Goods were sold at a profit of 25% on cost.

TS Grewal Class 12 Accounting Ratios Question 171

Solution

Solution of Q 171 Accounting Ratios TS Grewal 2023-24 part 1
Solution of Q 171 Accounting Ratios TS Grewal 2023-24 part 2
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Solution of Q 171 Accounting Ratios TS Grewal 2023-24 part 3
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About this solution

This is Chapter 3 Accounting Ratios of TS Grewal Edition 2023-24.

Written by Vijay Adarsh, teaching commerce since 2003 to Class 11, Class 12, B.Com, CA, CS and CMA students.

We have solved all the practical questions in this book and explained them Step by Step in detail with clear working notes.

Also, we have followed the proper format and workings which are required as per CBSE Guidelines. Just follow our presentation of solutions and score good marks in Accountancy Board Exam.

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