[CBSE] Q. 90,91,92,93 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 90, 91, 92, 93 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board
Q. 90. From the following information, Calculate Inventory Turnover Ratio:
Credit Revenue from Operations ₹ 6,00,000; Cash Revenue from Operations ₹ 2,00,000, Gross Profit 25% of Cost, Closing Inventory was 3 times the Opening Inventory was 10% of cost of Revenue from Operations.
[Ans.: Inventory Turnover Ratio = 5 Times.]
Solution:-
Q. 91. Following figures have been extracted from Shivalika Mills Ltd:
Inventory in the beginning of the year ₹ 60,000.
Inventory at the end of the year ₹ 1,00,000.
Inventory Turnover Ratio 8 times.
Selling price 25% above cost.
Compute amount of Gross Profit and Revenue from Operations (Net Sales).
[Ans.: Gross Profit = ₹ 1,60,000; Revenue from Operations, i.e., Net Sales = ₹ 8,00,000.]
Solution:-
Q. 92. From the following information, calculate value of opening Inventory:
Closing Inventory ₹ 68,000 Total Sales ₹ 4,80,000 (including Cash Sales ₹ 1,20,000) Total Purchases ₹ 3,60,000 (including Credit Purchases ₹ 2,39,200) Goods are sold at a profit of 25% on cost.
[Ans.: Opening Inventory = ₹ 92,000.]
Solution:-
Q. 93. From the following information, determine Opening and Closing Inventories:
Inventory Turnover Ratio 5 Times, Total Sales ₹ 2,00,000, Gross Profit Ratio 25%, Closing Inventory is more by ₹ 4,000 than the Opening Inventory.
[Ans.: Opening Inventory = ₹ 28,000; Closing Inventory = ₹ 32,000.]
Solution:-
