CUET Accountancy - Calulate Current Ratio from the following information: | Particulars (Rs.) | Amount (in Rs) | |---|---| | Inventories | 60,000 | | Trade receivables | 60,000 | | Advance tax | 4,000 | | Cash and cash equivalents | 50,000 | | Trade payables | 1,30,000 | | Bank Overdraft | 4,000 | | PYQs + Solutions

CUET Accountancy 2025 13 May Shift 2

Financial Statements

Easy

1.30:1

1.25:1

1.35:1

1.11:1

✅ Correct Option: 1

Related questions:

15 May Shift 2

On the basis of information given below the closing Inventory will be

Opening inventory 20,000

average inventory 40,000

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Liquidity Ratio	(I) Interest Coverage Ratio
(B) Profitability Ratio	(II) Acid-Test Ratio
(C) Solvency Ratio	(III) Fixed Assets Turnover Ratio
(D) Activity ratios	(IV) Return on Capital Employed Ratio

Choose the correct answer from the options given below:

24 May Shift 1

A trader carries an average inventory of Rs. 60,000. His inventory turnover ratio is 12 times. If he sells goods at a profit of 20% on revenue from operations, find out the gross profit.

CUET Accountancy 2025 13 May Shift 2 PYQs

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