CA CPT Model Test Paper 9 with solutions for online practice
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Question : 12 of 199
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Consider the following data pertaining to credit purchases made by K Ltd., a dealer in electronic goods, for the month of March 2011:
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:
| 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:
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