[ISC] Q. 85 Ratio Analysis TS Grewal Solution Class 12 (2023-24)

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Solution of Question number 85 of the Ratio Analysis of TS Grewal Book 2023-24 session ISC Board?

Opening Inventory ₹ 60,000; Closing Inventory ₹ 36,000. Inventory Turnover Ratio is 8 times. Selling Price 25% above cost. Calculate Gross Profit Ratio.

Solution:-

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