[CBSE] Q. 138,139,140,141 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 138, 139, 140, 141 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board
Q. 138. From the following information, Calculate Gross Profit Ratio:
| Credit Sales | ₹ 10,00,000 |
| Purchases | ₹ 6,00,000 |
| Carriage Inwards | ₹ 20,000 |
| Decrease in Inventory | ₹ 20,000 |
| Returns Outward | ₹ 20,000 |
| Wages | ₹ 1,00,000 |
| Rate of Credit Sale to Cash Sale | 4 : 1 |
[Ans.: Gross Profit Ratio = 42.4%.]
Solution:-
Q. 139. From the following information, Calculate Gross Profit Ratio:
| Revenue from Operations: | |
| Cash | 2,00,000 |
| Credit | 8,00,000 |
| Purchases: | |
| Cash | 40,000 |
| Credit | 3,60,000 |
| Carriage Inwards | 8,000 |
| Salaries | 42,000 |
| Decrease in Inventory | 1,22,000 |
| Returns Outwards | 20,000 |
| Wages | 20,000 |
[Ans.: Gross Proift Ratio = 47%.]
Solution:-
Q. 140. Opening Inventory ₹ 2,00,000; Closing Inventory ₹ 1,20,000. Inventory Turnover Ratio 8 Times; Selling price 25% above cost. Calculate Gross Profit Ratio.
[Ans.: Gross Profit Ratio = 20%.]
Solution:-
Q. 141. A Trader Carries an Average Inventory of ₹ 1,00,000. His Inventory Turnover Ratio is 8 Times. He sells goods at a profit of 25% of cost. Calculate Gross Profit Ratio.
[Ans.: Gross Profit Ratio = 20%.]
Solution:-
