[ISC] Q. 83 Solution of Ratio Analysis TS Grewal ISC 2023-24 Edition
Step-by-step solution of Question 83, Chapter 4 Ratio Analysis, TS Grewal Class 12 Accountancy 2023-24 for the ISC Board.
Question 83
Calculate Gross Profit Ratio from the following data:
Cash Revenue from Operations, i.e., Cash Sales is 25% of Total Sales, Purchase is ₹ 8,90,000; Credit Revenue from Operations, i.e., Credit Sales is ₹ 9,00,000 and Excess of Closing Inventory over Opening Inventory is ₹ 50,000.

Solution



All questions of Chapter 4
Orange = this question · Grey = already opened.
About this solution
This is Chapter 4 Ratio Analysis of ISC 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 Guidelines Issued by the ISC Council. Just follow our presentation of solutions and score good marks in Accountancy Exam.


Stuck on this question? Ask Vijay Sir
Be the first to ask on this question.