[CBSE] Q 140 Solution Accounting Ratios of TS Grewal (2023-24)
Solution of Question number 140 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board? 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…