CA CPT 2014 June Question Paper Fundamentals of Accounting for online practice

Cost of physical inventory on 15-04-2014 was Rs.3,00,000. Sales amounting to Rs.1,00,000 and purchases worth Rs.50,000 were made between 31-03-2014 to 15-4-2014. Goods are sold at 20% profit on sales. Value of Inventory as on 31-3-2014 is