[CBSE] Q. 186,187 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)

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Solution of Question 186, 187 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board

Q. 186. From the given information, calculate the following ratios:

(i) Operating Ratio; and

(ii) Inventory Turnover Ratio.

Information:

Cash Revenue from Operations₹ 10,00,000
Credit Revenue from Operations120% of Cash Revenue from Operations
Operating Expenses10% of Total Revenue from Operations
Rate of Gross Profit40%
Opening Inventory₹ 1,50,000
Closing Inventory₹ 20,000 more than Opening Inventory

[Ans.: (i) Operating Ratio = 70%; (ii) Inventory Turnover Ratio = 8.25 Times.]

Solution:-

Q. 187. Calculate Current Assets and Quick Assets of a company from the following information:

Quick Ratio = 0.70: 1
Inventory Turnover Ratio = 5 Times
Inventory at the end was 20,000 more than inventory in the beginning
Gross Profit = ₹ 75,000
Current Liabilities = 80,000
Revenue from Operations = ₹ 4,00,000.

(CBSE 2025 C)

Ans.:(i) Current Assets = ₹ 1,31,000; Quick Assets = ₹ 56,000.]

Solution:-

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