Q. 169 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 169 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Find Out the value of opening inventory from the following particulars:-
| ₹ | |
| Total Revenue from Operations | ₹ 2,00,000 |
| Inventory Turnover Ratio | 5 Times |
| Gross Profit | 25% on Revenue from Operatoins |
You are informed that closing inventory is ₹ 8,000 more than the opening inventory.
[Ans. Value of Opening inventory ₹ 26,000.]
Solution:-
