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    • Question

      An LC limit of ₹48 lakh is sanctioned, and the lead

      time is 3 months. What is the projected annual purchase of raw material?
      A ₹144 lakh Correct Answer Incorrect Answer
      B ₹180 lakh Correct Answer Incorrect Answer
      C ₹192 lakh Correct Answer Incorrect Answer
      D ₹200 lakh Correct Answer Incorrect Answer
      E ₹216 lakh Correct Answer Incorrect Answer

      Solution

      If ₹48 lakh covers 3 months, Annual Purchases = ₹48 lakh × (12 / 3) = ₹192 lakh

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