44. From the given information, calculate the following ratios:

(i) Operating Ratio

(ii) Inventory Turnover Ratio

Information:

Cash Revenue from Operations Rs. 10,00,000
Credit Revenue from Operations 120% of Cash Revenue from Operations
Operating Expenses 10% of Total Revenue from Operations
Rate of Gross Profit 40%
Opening Inventory Rs. 1,50,000
Closing Inventory Rs. 20,000 more than Opening Inventory

Marks-4, CBSE:2018-19/Comp/Q-20*

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