The following information is given about a Non profit organisation for the year ended 31st March,2019.
Creditors for stationery on 1st April,2018 =₹4600
Creditors for stationery on 31st march,2019 =₹11800
Opening stock of stationery = ₹15000
Closing stock of stationery = ₹30400
During the year ₹56800 is paid to creditors.
Stationery purchased in cash during the year was 20% of the total purchase of stationery.

What amount of stationery is purchased on credit?

₹64000

Payment made to creditors = 56800
Add: closing creditors = 11800
Less: Opening creditors = 4600
Stationery purchased on credit = 56800+11800-4600= 64000