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Solution of Q 123 Accounting Ratios TS Grewal 2023-24 [CBSE]

Question 123 of 182Chapter 3Class 12 · CBSE✍ Vijay Adarsh

Step-by-step solution of Question 123, Chapter 3 Accounting Ratios, TS Grewal Class 12 Accountancy 2023-24 for the CBSE Board.

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Question 123

A company earns Gross Profit of 25% on cost. For the year ended 31st March, 2017 its Gross Profit was ₹ 5,00,000; Equity Share Capital of the company was ₹ 10,00,000; Reserves and Surplus ₹ 2,00,000; Long-term Loan ₹ 3,00,000 and Non-current Assets were ₹ 10,00,000.

Compute the ‘Working Capital Turnover Ratio’ of the company.

TS Grewal Class 12 Accounting Ratios Question 123

Solution

Solution of Q 123 Accounting Ratios TS Grewal 2023-24 part 1
Solution of Q 123 Accounting Ratios TS Grewal 2023-24 part 2
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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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