[ISC] Q. 53,54,55,56 Ratio Analysis TS Grewal Solution Class 12 (2026-27)
Solution of Question number 53, 54, 55, 56 of the Ratio Analysis of TS Grewal Book 2026-27 session ISC Board?
Q. 53. From the following information, Calculate Trade Receivables Turnover Ratio:
| ₹ | |
| Cost of Revenue from Operations or Cost of Goods Sold | 5,00,000 |
| Gross Profit on Cost | 20% |
| Cash Sales | 20% of Total Sales |
| Opening Trade Receivables | 1,50,000 |
| Closing Trade Receivables | 2,50,000 |
Solution:-
Q. 54. Calculate Trade Receivables Turnover Ratio from the following information:
| ₹ | ₹ | ||
| Collection from Trade Receivables Discount Allowed Closing Trade Receivables | 5,34,000 6,000 1,80,000 | Excess of Closing Trade Receivables over Opening Trade Receivables | 60,000 |
Solution:-
Q. 55. Calculate amount of Opening Trade Receivables and Closing Trade Receivables from the following:
| Trade Receivables Turnover Ratio | 4 Times |
| Cost of Revenue from Operations (Cost of Goods Sold) | 10,00,000 |
| Gross Profit Ratio | 20% |
Closing Trade Receivables were ₹ 40,000 more than the opening
Cash Sales being 1/3rd of Credit Sales
Solution:-
Q. 56. From the following information, calculate Opening and Closing Trade Receivables, if Trade Receivables Turnover Ratio is 3 Times:
(i) Cash Revenue from Operations is 1/3rd of Credit Revenue from Operations.
(ii) Cost of Revenue from Operations is ₹ 3,00,000.
(iii) Gross Profit is 25% of the Revenue from Operations.
(iv) Trade Receivables at the end are 3 Times more than that of in the beginning.
Solution:-
