[CBSE] Q. 85,86,87,88 Solution of Accounting Ratios TS Grewal Class 12 (2026-27)
Solution of Question 85, 86, 87, 88 Accounting Ratios of TS Grewal Book 2026-27 session CBSE Board
Q. 85. Revenue from Operations ₹ 4,00,000; Gross Profit ₹ 1,00,000; Closing Inventory ₹ 1,20,000; Excess of Closing Inventory over Opening Inventory ₹ 40,000. Calculate Inventory Turnover Ratio.
[Ans.: Inventory Turnover Ratio = 3 Times.]
Solution:-
Q. 86. From the following data, Calculate Inventory Turnover Ratio:
Total Sales ₹ 10,00,000; Sales Return ₹ 1,00,000; Gross Profit ₹ 1,80,000; Closing Inventory ₹ 2,00,000; Excess of Closing Inventory over Opening Inventory ₹ 40,000.
[Ans.: Inventory Turnover Ratio = 4 Times.]
Solution:-
Q. 87. ₹ 2,00,000 is the Cost of Revenue from Operations (Cost of Goods Sold), during the year.
If Inventory Turnover Ratio is 8 times, Calculate inventories at the end of the year. Inventories at the end is 1.5 times that of in the beginning.
[Ans.: Inventory at the end = ₹ 30,000.]
Solution:-
Q. 88. From the following information obtained from the books of Kundan Ltd., Calculate the Inventory Turnover Ratio for the years 2015-16 and 2016-17:
| Particulars | 2015-16 (₹) | 2016 – 17 (₹) |
| Inventory on 31st March | 7,00,000 | 17,00,000 |
| Revenue from Operations (Gross Profit is 25% on Cost of Revenue from Operations | 50,00,000 | 75,00,000 |
In the year 2015-16, inventory increased by ₹ 2,00,000.
[Ans.: Inventory Turnover Ratio: 2015-16 = 6.67 Times; 2016-17 = 5 Times.]
Solution:-
