41. Calculate amount of Opening Trade Receivables and Closing Trade Receivables from the following figures:
| Trade Receivable Turnover ratio | 5 times |
|---|---|
| Cost of Revenue from Operations | ₹ 8,00,000 |
| Gross Profit ratio | 20% |
| Closing Trade Receivables were ₹ 40,000 more than in the beginning | |
| Cash sales being ¼ times of Credit sales |
Marks-4, CBSE:2018-19/Sample/Q-21*