CA CPT Model Test Paper 9 with solutions for online practice

Consider the following data pertaining to H Ltd. for the month of March 2011:
$\begin{array}{ccc}\mathrm{Particulars}& \mathrm{As}\mathrm{on}\mathrm{March}01.2011\left(\mathit{R}\mathit{s}.\right)& \mathrm{As}\mathrm{on}\mathrm{March}31.2011\left(\mathit{R}\mathit{s}.\right)\\ \mathrm{Stock}& 180000& 90000\end{array}$
The company made purchases amounting Rs. 3,30,000 on credit. During the month of March 2011, the company paid a sum of Rs. 3,50,000 to the suppliers. The goods are sold at 25% above the cost. The sales for the month of March 2011 were: