If the current ratio is 2 : 1 and working capital is Rs. 60,000. What is the value of the current assets?

Working capital is the difference between current assets and current liabilities. It is a measure of a company’s ability to meet its short-term obligations.

Given that the current ratio is 2 : 1 and working capital is Rs. 60,000, we can calculate the current assets as follows:

Current assets = Working capital / Current ratio
= Rs. 60,000 / 2
= Rs. 1,00,000

Option A is incorrect because it is the value of working capital, not current assets.

Option C is incorrect because it is twice the value of current assets.

Option D is incorrect because it is three times the value of current assets.