AHSEC CLASS 12
ACCOUNTANCY QUESTION BANK
UNIT  10 Accounting
Ratios Practical Problems
1. From the following information, calculate
Current Ratio: 2013
Particulars 
Amount 
Inventory Debtors Cash Creditors Bills receivable Advance
Tax Bills
Payable Bank
overdraft Debentures Accrued
Interest 
55000 40000 37000 48000 20000 4000 28000 4000 200000 4000 
2.
Calculate AcidTest Ratio from the following: 2014
Current
Assets Rs.50000.
Current
assets include the following:
Stock
Rs.14000.
Prepaid
Expenses Rs. 1000.
Current
liabilities Rs.20000. Current liabilities include Bank overdraft Rs.5000.
3. From
the following calculate Current Ratio: 2015
Particulars 
Rs. 
Sundry Debtors Stock Prepaid Expenses Sundry Creditors Bank Overdraft Dividend payable 10% Debenture Machinery 
50,000/ 40,000/ 2,000/ 38,000/ 10,000/ 10,000/ 40,000/ 50,000/ 
4. From the given information, calculate the
stock Turnover Ratio: 2015
Sales = Rs. 4, 00,000/
Gross Profit Ratio = 25%
Opening Stock was 1/3^{rd} of the
value of the Closing stock.
Closing
Stock was 30% of Sales.
5. From the following details, calculate
Current Ratio and Liquid Ratio: 2016
Machinery 8%
Debenture Bank
Overdraft Sundry
Creditors Prepaid
Expenses Stock Sundry
Debtors 
1,00,000/ 80,000/ 20,000/ 76,000/ 4,000/ 80,000/ 1,00,000/ 
6. From the following details, calculate Gross
Profit and Sales: 2016
Average Stock = 60,000/
Stock Turnover Ratio = 6 times.
Selling
Price is 20% above cost.
7. From the following details,
calculate Current Ratio: 2017
Particulars 
Rs. 
Sundry
Debtors Stock Prepaid
Expenses Sundry
Creditors Bank
Overdraft Interest
Payable Debentures Buildings 
10,000/ 8,000/ 6,000/ 8,000/ 2,000/ 2,000/ 50,000/ 1,00,000/ 
8. From the following information,
calculate (i) Current Assets (ii) Current Liabilities and (iii) Quick
Ratio. 2017
Working
Capital = Rs. 40,000/
Current
Ratio = 2:1
Stock = Rs. 30,000/
9. From the following information, calculate Stock Turnover Ratio: 2017
Sales Average Stock Gross Loss Ratio 
4,00,000/ 55,000 10% 
10. Calculate current assets of a company from the following information: 2018
Stock turnover ratio = 4 times Stock at the end is Rs. 20,000/ more than the stock at the beginning. Sales Rs. 3,00,000/ and gross profit ratio is 20% of Sales. Current liabilities = 40,000/ Quick ratio = 0.75 
11. Calculate liquid ratio from the following information: 2019

(Rs.) 
Stock Debtors Bills Receivable Advance Tax Cash Creditors Bills Payable Machinery Bank Overdraft Debentures 
50,000/ 80,000/ 10,000/ 4,000/ 30,000/ 60,000/ 40,000/ 50,000/ 4,000/ 70,000/ 
12. A business has a current ratio of 3 : 1 and a quick ratio of 1 : 2 : 1. If the Working Capital is Rs. 1,80,000, calculate current assets and stock. 2019
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ALSO READ (AHSEC ASSAM BOARD CLASS 12):
1. AHSEC CLASS 12 ACCOUNTANCY CHAPTERWISE NOTES
2. AHSEC CLASS 12 ACCOUNTANCY IMPORTANT QUESTION (THEORY)
3. AHSEC CLASS 12 ACCOUNTANCY IMPORTANT QUESTION BANK (PRACTICAL)
4. AHSEC CLASS 12 ACCOUNTANCY PAST EXAM PAPERS (FROM 2012 TILL DATE)
5. AHSEC CLASS 12 ACCOUNTANCY SOLVED QUESTION PAPERS (FROM 2012 TILL DATE)
6. AHSEC CLASS 12 ACCOUNTANCY CHAPTERWISE MCQS
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13. Current
Ratio is 3 : 5 : 1 and Quick Ratio 2 : 5 : 1. Inventory is Rs. 50,000.
Calculate current assets and current liabilities. 3 2020
14. Calculate the values of opening and closing stock from the following information: 5 2020
Cost of goods sold Stock Turnover Ratio Stock at the beginning is 1.5 time more than the stock at the end 
Rs. 2,00,000 8 times 
Current and Liquid Ratio
1. Current Ratio 2.5; Working Capital Rs.
60,000. Calculate the amount of Current Assets and Current Liabilities.
2. X Ltd. has a Current Ratio 3.5 : 1 and
Quick Ratio 2 : 1. If the stock is Rs. 24,000; Calculate the total Current
Liabilities and Current Assets.
3. XYZ Ltd. stock is Rs. 3,00,000. Total
Liquid Assets are Rs. 12,00,000 and Quick Ratio is 2 : 1. Work out of the
Current Ratio.
4. A Limited Liquidity Ratio is 2.5 : 1. Stock
is Rs. 6,00,000. Current Ratio is 4 : 1. Find out the Current Liabilities.
5. Current Liabilities of a company are Rs.
6,00,000. Its Current Ratio is 3 : 1 and Liquid Ratio is 1 : 1. Calculate the
value of StockinTrade.
6. Current Liabilities of a company are Rs.
1,50,000. Its Current Ratio is 3 : 1 and Acid Test Ratio (Liquid Ratio) is 1 :
1. Calculate the values of Current Assets, Liquid Assets and Inventory.
7. Current Ratio 4; Liquid Ratio 2.5;
Inventory Rs. 6,00,000. Calculate the Current Liabilities, Current Assets and
Liquid Assets.
8. X Ltd. had a Current Ratio of 4.5 : 1 and a
Quick Ratio of 3 : 1. If its inventory is Rs. 36,000, find out its total
Current Assets and Total Current Liabilities.
9. Quick assets Rs. 1,50,000; Inventory Rs.
40,000; Prepaid Expenses Rs. 10,000; Working Capital Rs. 1,20,000. Calculate
Current Ratio.
10. Current Assets Rs. 3,00,000; Stock Rs.
45,000; Prepaid Expenses Rs. 15,000; Working Capital Rs. 2,52,000. Calculate
the Quick Ratio. [Quick Ratio = 5 : 1]
11. From the following information, calculate
Current Ratio and acidtest ratio:
Particulars 
Amount 
Particulars 
Amount 
Inventory Debtors Cash Creditors Bills
receivable Advance
Tax Bills
Payable Bank
overdraft Debentures Accrued
Interest 
55000 40000 37000 48000 20000 4000 28000 4000 200000 4000 
Marketable
securities(Short term investment) Provision
for bad debt Income
received in advance Coins Cheque
and Draft in hand Treasury
bills Purchased Dividend
payable Sales
tax payable Provision
for tax Interest
due on debentures 
10000 5000 5000 2000 5000 6500 2000 2000 2000 5000 
12.
Calculate AcidTest Ratio from the following:
Current Assets Rs.50000. Current assets include the following: Stock Rs.14000.
Prepaid Expenses Rs. 1000. Current liabilities Rs.20000. Current liabilities
include Bank overdraft Rs.5000.
Debt
Equity Ratio, Proprietary ratio and ratio of total asset to debt:
Q.
Calculate Debt Equity Ratio, Proprietary ratio and ratio of total asset to
debt:
Particulars 
2012 (Rs.) 
2013 (Rs.) 
I.
EQUITY AND LIABILITIES 1.
Shareholder’s Funds a)
Share Capital b)
Reserve and Surplus 2.
NonCurrent Liabilities  Longterm Borrowings (12% Loan) 3.
Current Liabilities a)
Shortterm Borrowings b)
Trade Payables c)
Shortterm Provisions 
7,50,000 4,50,000 7,50,000 1,75,000 1,00,000 25,000 
15,00,000 3,00,000 12,00,000 3,50,000 2,00,000 50,000 
Total 
22,50,000 
36,00,000 
II.
ASSETS 1.
NonCurrent Assets Fixed
Assets (Tangible) 2.
Current Assets a)
Inventories b)
Trade Receivables c)
Cash and Cash Equivalents 
15,00,000 2,50,000 4,50,000 50,000 
22,50,000 4,50,000 8,00,000 1,00,000 
Total 
22,50,000 
36,00,000 
Stock
Turnover Ratio or Inventory Turnover Ratio
1. From the following details, calculate the
Inventory Turnover Ratio:
Cost of
Goods Sold Inventory
in the beginning of the year Inventory
at the close of the year 
4,50,000 1,25,000 1,75,000 
2. Opening Inventory Rs. 76,250; Closing
Inventory Rs. 98,500; Revenue from Operations, i.e. Sales Rs. 5,20,000; Sales
Returns Rs. 20,000; Purchases Rs. 3,22,250. Calculate the Stock or Inventory.
3. Calculate the Stock or Inventory Turnover
Ratio from the data given below:
Inventory
in the beginning of the year Inventory
at the end of the year Purchases 
20,000 10,000 50,000 
Carriage
Inwards Revenue
from Operations, i.e. Sales 
5,000 1,00,000 
4. From the following details, calculate the
value of Opening Inventory.
Closing
Inventory Total
Sales Total
Purchases Goods
are sold at a profit of 25% on cost. 
68,000 4,80,000 (including Cash Sales Rs. 1,20,000) 3,60,000 (including Credit Purchases Rs. 2,39,200) 
5. Calculate the Stock or Inventory Turnover
Ration from the following:
Opening
Inventory Closing
Inventory Revenue
from Operations, i.e. Sales 
29,000 31,000 3,20,000 
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ALSO READ (AHSEC ASSAM BOARD CLASS 12):
1. AHSEC CLASS 12 ACCOUNTANCY CHAPTERWISE NOTES
2. AHSEC CLASS 12 ACCOUNTANCY IMPORTANT QUESTION (THEORY)
3. AHSEC CLASS 12 ACCOUNTANCY IMPORTANT QUESTION BANK (PRACTICAL)
4. AHSEC CLASS 12 ACCOUNTANCY PAST EXAM PAPERS (FROM 2012 TILL DATE)
5. AHSEC CLASS 12 ACCOUNTANCY SOLVED QUESTION PAPERS (FROM 2012 TILL DATE)
6. AHSEC CLASS 12 ACCOUNTANCY CHAPTERWISE MCQS
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6. From the following information, determine
the Opening and Closing Inventories: Inventory Turnover Ratio 5 Times, Total
Sales Rs. 2,00,000, Rate of Gross Profit on Sales 25%. Inventory is more by Rs.
4,000 than the Opening Inventory.
7. Rs. 2,00,000 is the Cost of Goods Sold i.e.
Cost of Revenue from Operations during 201112. If Inventory Turnover Ratio is
8 times, calculate the inventories at the end of the year. Inventories at the
end are 1.5 times than that in the beginning.
8. Sales (Revenue from Operations) Rs.
4,00,000; Gross Profit Rs. 1,00,000; Closing Inventory Rs. 1,20,000; Excess of
Closing Inventory over Opening Inventory Rs. 40,000. Calculate the Stock or
Inventory Turnover Ratio.
9. Cost of Goods Sold i.e. (Revenue from
Operations) Rs. 5,00,000; Purchase Rs. 5,50,000; Opening Inventory Rs.
1,00,000. Calculate the Stock Turnover Ratio.
10. Following figures have been extracted from
Shivalika Mills Ltd.:
Stock in
the beginning of the year Rs. 60,000;
Inventory
at the end of the year Rs. 1,00,000.
Inventory
Turnover Ratio 8 Times;
Selling
price 25% above cost.
Compute the amount of Gross Profit and Sales
(Revenue from Operations).
11. Following figures have been extracted from
Shivalika Mills Ltd.:
Stock in
the beginning of the year Rs. 60,000;
Inventory
at the end of the year Rs. 1,00,000.
Inventory
Turnover Ratio 8 Times;
Selling
price 25% Sales.
Compute the amount of Gross Profit and Sales
(Revenue from Operations).
12. Stock Turnover Ratio 5 times; Cost of
Goods Sold Rs. 18,90,000. Calculate the Opening Inventory and Closing Inventory
if Inventory at the end is 2.5 times more than that in the beginning. [Opening Inventory – Rs. 1,68,000 and
Closing Inventory – Rs. 5,88,000]
13. Rs. 3,00,000 is the Cost of Goods Sold.
Inventory Turnover Ratio 8 times; Inventory in the beginning is 2 times more
than the Inventory at the end. Calculate the value of Opening and Closing
Inventories. [Opening Inventory
– Rs. 56,250 and Closing Inventory – Rs. 18,750]
14. From
the given information, calculate the stock Turnover Ratio: Sales = Rs. 4,
00,000; Gross Profit Ratio=25%; Opening Stock was 1/3^{rd} of the value
of the Closing stock. Closing Stock was 30% of Sales.
Debtors’
Turnover Ratio
1. Compute the Debtors’ turnover Ratio from
the following:
Gross
Sales (Revenue from Operations) Debtors
in the beginning of year Debtors
at the end of year Sales
Return 
9,00,000 83,000 1,17,000 1,00,000 
7,50,000 1,17,000 83,000 50,000 
2. Rs. 1,75,000 is the Net Sales (i.e. Revenue
from Credit Sales) of a concern during 201112. If Debtors’ turnover Ratio is 8
times, calculate debtors in the beginning and at the end of the year. Debtors
at the end is Rs. 7,000 more than that in the beginning.
Creditors’
Turnover Ratio or Payable Turnover Ratio
1. Calculate the Creditors’ Turnover Ratio for
the year 201112 in each of the alternative cases:
Case 1: Closing Trade Payable Rs. 35,000; Net
Purchases Rs. 3,60,000; Purchases Return Rs. 60,000; Cash Purchases Rs. 90,000.
Case 2: Opening Trade Payables Rs. 15,000;
Closing Trade Payables Rs. 45,000; Net Purchases Rs. 3,60,000.
Case 3: Closing Trade Payables Rs. 45,000; Net
Purchases Rs. 3,60,000.
Case 4: Closing Trade Payables (including Rs.
25,000due to a supplier of machinery) Rs. 55,000; Net Credit Purchases Rs.
3,60,000.
2. Calculate the Creditors’ Turnover Ratio and
Average Debt Payment Period for the year 201112 from the following
information:
Sundry
Creditors Bills
Payable 
1^{st} April, 2011 Rs. 1,50,000 50,000 
31^{st} March, 2012 Rs. 4,50,000 1,50,000 
Total Purchases Rs. 21,00,000; Purchases
Return Rs. 1,00,000; Cash Purchases Rs. 4,00,000.
Gross
Profit Ratio
1. From the following, calculate the Gross
Profit Ratio: Gross Profit: Rs. 50,000; Revenue
from Operations, i.e. Sales Rs. 5,50,000; Sales Return: Rs. 50,000.
2. (i) Compute the Gross Profit Ratio from the
following information: Cost of Goods Sold Rs. 5,40,000; Net Sales (Revenue from
Operation) Rs. 6,00,000; Sales Return Rs. 10,000.
(ii) Compute the Gross Profit Ratio from the
following information: Revenue from Operations, i.e. Sales = Rs. 4,00,000;
Gross Profit 25% on Cost.
3. (i) Revenue from Operations: Cash Sales Rs.
4,20,000; Credit Sales Rs. 6,00,000; Return Rs. 20,000. Cost of Goods Sold Rs.
8,00,000. Calculate the Gross Profit Ratio.
(ii) Average Inventory Rs. 1,60,000; Stock
Turnover Ratio 6 Times; Selling Price 25% above cost. Calculate the Gross
Profit Ratio.
(iii) Opening Inventory Rs. 1,00,000; Closing
Inventory Rs. 60,000; Stock Turnover Ratio 8 Times; Selling Price 25% above
cost. Calculate the Gross Profit Ratio.
Operating
Ratio
1. Cost of Goods Sold Rs. 3,00,000.
Operating Expenses Rs. 1,20,000. Revenue from Operations: Cash Sales Rs. 5,20,000; Return Rs. 20,000. Calculate
the Operating Ratio.
2. From the following details,
calculate the Operating Ratio:
Cost of
Goods Sold Operating
Expenses 
Rs. 52,000 18,000 
Revenue
from Operations (Sales) Sales
Return 
Rs. 88,000 8,000 
3. Operating Ratio 92%; Operating
Expenses Rs. 94,000; Revenue from Operations, i.e. Sales Rs. 6,00,000; Sales
Return Rs. 40,000. Calculate the Cost of Goods Sold.
4. (i) Cost of Goods Sold Rs.
2,20,000; Net Revenue from Operations i.e. Sales Rs. 3,20,000; Selling
Expenses Rs. 12,000; Office
Expenses Rs. 8,000; Depreciation Rs. 6,000. Calculate the Operating Ratio.
(ii) Net Revenue from Operations, i.e.
Cash Sales Rs. 4,00,000; Credit Sales Rs. 1,00,000; Gross Profit Rs. 1,00,000;
Office and Selling Expenses Rs. 50,000. Calculate the Operating Ratio.
********************************************
ALSO READ (AHSEC ASSAM BOARD CLASS 12):
1. AHSEC CLASS 12 ACCOUNTANCY CHAPTERWISE NOTES
2. AHSEC CLASS 12 ACCOUNTANCY IMPORTANT QUESTION (THEORY)
3. AHSEC CLASS 12 ACCOUNTANCY IMPORTANT QUESTION BANK (PRACTICAL)
4. AHSEC CLASS 12 ACCOUNTANCY PAST EXAM PAPERS (FROM 2012 TILL DATE)
5. AHSEC CLASS 12 ACCOUNTANCY SOLVED QUESTION PAPERS (FROM 2012 TILL DATE)
6. AHSEC CLASS 12 ACCOUNTANCY CHAPTERWISE MCQS
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Operation
Profit Ratio
1. Calculate the Operating Profit
Ratio in each of the following alternatives cases:
Case 1: Sales (Net Revenue from
Operations) Rs. 10,00,000; Operating Profit Rs. 1,50,000.
Case 2: Sales (Net Revenue from
Operations) Rs. 6,00,000; Operating Cost Rs. 5,10,000.
Case 3: Sales (Net Revenue from
Operations) Rs. 3,60,000; Gross Profit 20% on sales; Operating Expense Rs.
18,000.
Case 4: Sales (Net Revenue from
Operations) Rs. 4,50,000; Cost of Goods Sold Rs. 3,60,000; Operating Expenses
Rs. 22,500.
Case 5: Cost of Goods Sold Rs.
8,00,000; Gross Profit 20% on Sales; Operating Expenses Rs. 50,000.
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