[CBSE] Q 171 Solution Accounting Ratios of TS Grewal (2023-24)

Solution of Question number 171 of the Accounting Ratios of TS Grewal Book 2023-24 CBSE Board?

Calculate Revenue from Operations of BN Ltd. from the following information:

Current Assets	₹ 8,00,000
Quick Ratio is	1.5 : 1
Current Ratio is	2 : 1
Inventory Turnover Ratio is	6 times

Goods were sold at a profit of 25% on cost

[Ans.: Revenue from Operations = ₹ 15,00,000.]

Solution:-

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