Question

A customer has a sanctioned working capital limit of ₹60 lakh. The stock and book debts are ₹35 lakh and ₹20 lakh respectively. Margin on stock is 25% and on debtors is 40%. Calculate Drawing Power (D

  • P .
A ₹40.5 lakh
B ₹42.0 lakh
C ₹38.25 lakh
D ₹41.0 lakh
E ₹45.0 lakh
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