[ISC] Q. 121,122,123,124 Ratio Analysis TS Grewal Solution Class 12 (2026-27)
Solution of Question number 121, 122, 123, 124 of the Ratio Analysis of TS Grewal Book 2026-27 session ISC Board?
Q. 121. A trader carries an Average Inventory of ₹ 40,000 (Cost). His Inventory Turnover Ratio is 8 times. If he sells goods at a profit of 20% on Sales, find out his profit.
Solution:-
Q. 122. Inventory Turnover Ratio is 5 times. Cost of Revenue from Operations (Cost of Goods Sold) is ₹ 18,90,000. Calculate Opening Inventory and the Closing Inventory if inventory at the end is 2.5 Times more than that in the beginning.
Solution:-
Q. 123. (a) Cash Sales ₹ 4,20,000; Credit Sales ₹ 6,00,000; Sales Return ₹ 20,000; Cost of Revenue from Operations (Cost of Goods sold) ₹ 8,00,000. Calculate Gross Profit Ratio.
(b) Average Stock (inventory) ₹ 1,60,000; Inventory Turnvoer Ratio 6 Times; Selling Price 25% above cost. Calculate Gross Profit Ratio.
Solution:-
Q. 124. Cash Sales ₹ 2,20,000; Credit Sales ₹ 3,00,000; Sales Return ₹ 20,000; Gorss Profit ₹ 1,00,000; Operating Expenses ₹ 25,000; Non-Operating Incomes ₹ 30,000; Non-Operting Expenses ₹ 5,000. Calculate Net Profit Ratio.
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