If total assets of a firm are Rs 10,00,000 and its non-current assets are Rs 6,00,000, what will be the percentage of current assets on total assets?

40%

The correct answer is option 1- 40%.

Current Assets = Total assets - Non current assets
                         = 10,00,000-  6,00,000
                         = 4,00,000

Percentage of Current Assets on total assets = Current assets/Total assets x 100
                                                                        = 4,00,000/10,00,000*100
                                                                        = 40%