Determine the value of stock as per books of Vas Ltd on Mar 31, 2009 from the following information:

  1. The cost of stock as per physical verification as on Mar 20, 2009 amounted to Rs 5,00,000.
  2. Purchases as per Purchase Book after stock taking till Mar 31, 2009 amounted to Rs 5,00,000 and included the following:
    1. Rs 20,000 for goods received till Mar 19
    2. Rs 40,000 for goods received on Apr 1
  3. Sales as per Sales Book after stock taking, till Mar 31, amounted to Rs 5,00,000 and include the following:
    1. Rs 20,000 for goods delivered till Mar 19
    2. Rs 40,000 for goods delivered on Apr 1
  4. Goods are sold by the trader at a profit of 25% on cost.