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TRICK 3 | SIMPLIFICATION OF FRACTION | N...

TRICK 3 | SIMPLIFICATION OF FRACTION | NO PEN NO PAPER | IBPS RRB 2018 SPECIAL

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Statement I : The overall fiscal deficit of the States in India during 2017-2018 stayed above the FRBM threshold level of 3 percent for the third successive year. Statement II : Special Category States had run up a higher level of fiscal deficit in 2017-2018 compared to 2016-2017.

From the following information of M/s. Narain & Co., Delhi, prepare the Purchases Book for the month of February, 2019 : 2019 February 1 Purchased from M/s. Brown & Co., Kolkata: 5 gross pencils @ Rs. 1,200 per gross 2 dozen registers @ Rs. 500 per dozen Less: Trade Discount @ 10% February 2 Purchased for cash from the Stationery Mart: 10 dozen exercise books @ Rs. 300 per dozen February 3 Purchased computer printer for office use from M/s. Office Goods Co. for Rs. 20,000 February 4 Purchased from The Paper Co., Delhi: 8 reams of white paper @ Rs. 500 per ream 10 reams of ruled paper @ Rs. 600 per ream Less: Trade Discount @ 10% February 5 Purchased 80 Reynolds Pens @ Rs. 5 each from M/s. Verma Bros., Delhi Note: CGST and SGST is levied @ 2.5% each and IGST is levied @ 5%.