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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 2 · Set 1 · Q28
The 'Inventory Turnover Ratio' from the following information will be:? Revenue from operations 12,00,000 Average Inventory 2,00,000 Gross loss ratio…
The 'Inventory Turnover Ratio' from the following information will be : ? Revenue from operations $\displaystyle 12,00,000$ Average Inventory $\displaystyle 2,00,000$ Gross loss ratio $\displaystyle 20$%
Official answer
(C)
$\displaystyle 72$ times
Marking-scheme solution
(c)
7.$\displaystyle 2$ times
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.