2 Inventory Turnover questions from CUET Accountancy 2025 15 May Shift 1 with detailed answers and explanations. Free previous year questions and MCQs.
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Inventory Turnover — CUET Accountancy 2025 15 May Shift 1(1–2 of 2)
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Q1mediummcqCUET AccountancyCUET Accountancy 2025 15 May Shift 12026
A trader carries an average inventory of Rs. 40,000. His inventory turnover ratio is 8 times. If he sells goods at a profit of 20% on Revenue from operations, find out the gross profit.
Q2mediummcqAccountancyCUET Accountancy2026
Given: Revenue from operations = Rs 4,00,000, Average Inventory = Rs 55,000, and Gross Profit Ratio = 10%. Calculate the Inventory Turnover Ratio.