Q. 67 DK Goel Accounting Ratios Solutions Class 12 CBSE (2024-25)
the solutions of Question number 67 of Accounting Ratios chapter 5 of DK Goel Class 12 CBSE (2024-25)
Determine the amount of Revenue from Operations from the following particulars:-
| Opening Inventory | ₹ 40,000 |
| Inventory Turnover Ratio | 6 Times |
Gross Profit 20% of Revenue from Operations (Sales)
You are informed that closing inventory is two times in comparison to opening inventory.
[Ans. Revenue from Operations ₹ 4,50,000.]
[Ans. Revenue from Operations ₹ 4,50,000.]
Solution:-
