Question

A borrower submits Stock ₹120 crore and Debtors ₹80 crore. Margin is 30% on stock and 50% on debtors. Obsolete stock ₹20 crore and debtors over 180 days ₹30 crore are ineligible. What is the Revised Drawing Power?

A ₹84 crore
B ₹90 crore
C ₹96 crore
D ₹102 crore
E ₹108 crore
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