Sales in January month Rs. 3,00,000; Credit Sales are 80%; Credit peri – McqOptions

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1.	Sales in January month Rs. 3,00,000; Credit Sales are 80%; Credit period is 2 months. Amount collected in the month of March is
A.	Rs. 50,000
B.	Rs. 2,40,000
C.	Rs. 40,000
D.	None of the above
Answer» C. Rs. 40,000

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