the solutions of Question number 66 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Average Inventory carried by a trader is ₹ 60,000; Inventory turnover ratio is 10 times. Goods are sold at a profit of 10% on cost. Find out the profit.
[Ans. Profit ₹ 60,000.]
Solution:-
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