DK Goel Solutions Q 115 Chapter 3 Accounting Ratios Class 12 CBSE [2023-24]
Step-by-step solution of Question 115, Chapter 3 Accounting Ratios, DK Goel Class 12 Accountancy 2023-24 for the CBSE Board.
Question 115
Net Profit after Interest and Tax of M Ltd. was ₹ 1,00,000. Its Current Assets were ₹ 4,00,000 and Current Liabilities were ₹ 2,00,000. Tax rate was 50%. Its Total Assets were ₹ 10,00,000 and 10% Long term debt was ₹ 4,00,000.
Calculate Return on Investment.

Solution
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About this solution
This is Chapter 3 Accounting Ratios of DK Goel For 2024 Examinations.
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 the Accountancy Board Exam.


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