[ISC] Q. 61,62,63,64 Ratio Analysis TS Grewal Solution Class 12 (2026-27)
Solution of Question number 61, 62, 63, 64 of the Ratio Analysis of TS Grewal Book 2026-27 session ISC Board?
Q. 61. Closing Creditors ₹ 4,50,000 (including ₹ 1,50,000 due to supplier of new furniture), net Purchase ₹ 36,00,000. Calculate Trade Payables Turnover Ratio.
[Hint: Creditor for new furniture has been excluded since the enterprise does not deal in furniture.]
Solution:-
Q. 62.
Solution:-
Q. 63. Calculate Opening and Closing Trade Payables from the following information, when Trade Payables Turnover Ratio is 3 Times:
(I) Cash Purchase 1/4th of Total Purchases.
(ii) Revenue from Operations is ₹ 4,00,000.
(iii) Gross Profit 25% of Revenue from Operations.
(iv) Opening Inventory ₹ 5,00,000 and Closing Inventory ₹ 6,00,000
(v) Closing Trade Payables are 3 Times that of in the opening.
Solution:-
Q. 64. Calculate Opening and Closing Trade Payables from the following information, when Trade Payable Turnover Ratio is 4 Times:
(I) Cash Purchases 25% of Credit Purchases
(ii) Revenue from Operations is ₹ 4,00,000.
(iii) Gross Profit 25% of Revenue from Operations.
(iv) Opening Inventory ₹ 5,00,000 whereas Closing Inventory ₹ 6,00,000.
(v) Trade Payables at the end are 3 Times more than that of in the Opening.
Solution:-
