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The following information… (Class 12 Accountancy 2026, Q30)

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AccountancyCBSE Class 12 · Board exam 2026, set 67/5/1 · 1 mark · MCQ

CBSE Class 12 Accountancy 2026: question 30

Set in the CBSE Class 12 board exam of 2026, paper 67/5/1, section B-I, question 30, for 1 mark. Try it first; the hints and our step-by-step solution are below.

Q30 · 1 mark · MCQAccounting Ratios

The following information is obtained from the books of Devdutt Ltd. :
Working capital – ₹ 4,00,000
Trade Payables – ₹ 50,000
Other Current liabilities – ₹ 1,00,000
Current assets of Devdutt Ltd. are :

  1. (A)₹ 2,50,000
  2. (B)₹ 4,50,000
  3. (C)₹ 5,00,000
  4. (D)₹ 5,50,000

Source: official question paper from cbse.gov.in (PDF). See it in the full 2026 board paper, set 67/5/1.

Hints

Open one hint at a time and try again before the next.

Hint 1

Trade payables are part of current liabilities.

Hint 2

Rearrange the working capital formula.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Working capital = current assets − current liabilities; current liabilities = 50,000 + 1,00,000 = ₹ 1,50,000.

  2. Current assets = 4,00,000 + 1,50,000 = ₹ 5,50,000. Option (D).

    1 mark

Answer: (D) ₹ 5,50,000

Where the marks are

  • Working capital plus current liabilities (1 mark)

Revise the chapter

  • Chapter: Accounting Ratios (notes, formulas, where marks are lost and every past question)
Practise this chapterBoard-style questions from Accounting Ratios, one at a time, marked against the answer key and marking points.Back to the full paper2026 board paper, set 67/5/1: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.