If total assets of a firm are ₹ 8,20,000 and its non-current assets are ₹ 5,90,400, what will be the percentage of current assets on total assets?

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KollegeApply · Accepted Answer

28% Explanation: Current Assets = Total Assets − Non-Current Assets = ₹ 8,20,000 − ₹ 5,90,400 = ₹ 2,29,600 Percentage of current assets on total assets = `"Current Assets"/"Total Assets" xx 100 = (₹ 2,29,600)/(₹ 8,20,000) xx 100` = 28%

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