CUET Accountancy - X Ltd. has a current ratio of 3:1 and quick ratio of 2:1. If excess of current assets over quick assets, represented by inventories is Rs. 5,000, calculate current assets and quick assets. | PYQs + Solutions

CUET Accountancy 2025 15 May Shift 1

Financial Statements

Medium

Rs. 15000 ; Rs. 10000

Rs. 15000 ; Rs. 14000

Rs. 10,000 ; Rs. 15000

Rs. 15000 ; Rs. 18000

✅ Correct Option: 1

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13 May Shift 1

Quick Ratio of the firm is:

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Average Trade payables is-

3 June Shift 2

Calculate Gross profit ratio from following info

Revenue from operations	3,40,000
Cost of revenue from operations	1,20,000

CUET Accountancy 2025 15 May Shift 1 PYQs