Consider the following data pertaining to credit purchases made by K Ltd., a dealer in electronic goods, for the month of March 2011:
Date Particulars No of units Rate per unit Rs. Trade discount
March 01 Black & White TVs 50 3,000 10%
Colour TVs 10 6,000 10%
March 09 Tape Recorders 10 1,000 10%
Two-in-one 10 1,500 10%
March 19 Audio Cassettes 100 30 5%

On March 22, 2011 the company purchased from LM Stationers on credit for office use 10 dozens of carbon papers at the rate of Rs. 35 per dozed and 10 dozens of ball pens at the rate of Rs. 25 per dozen.
At the time of making payment of March 31, 2011, the suppliers have allowed a cash discount of 10% on the above purchases.
The total of purchases for the month of March 2011, was:

Question

Examsnet · Accepted Answer

Correct Answer is :  Rs. 2,14,350

CA CPT Model Test Paper 9 with solutions for online practice