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Business Studies

Types of Sales Promotion

Purchase of g...

Question

Purchase of goods worth Rs 30,000, leads to obtaining a free airline ticket to meet a celebrity. Which sales promotional tool is used here?

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Solution

The promotional tool used here is a distribution of gifts.

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Similar questions

Pass necessary Journal entries' to rectify the following errors:

(i) Goods returned to Mahima for Rs 5,000, entered into Sales Returns Book.

(ii) Kajol returned goods worth Rs 2,000, entered into Purchase Returns Book.

(iii) A credit purchase of Rs 3,000 from Ravina was recorded through Purchase Returns Book.

(iv) Goods worth Rs 1,160 returned to Karishma, were recorded in Purchase Book as Rs 1,106.

Q. Which of the following entries is passed for recording the closing stock, when a firm purchases goods worth Rs. 1,00,000 during the year and records a Sales worth Rs. 85,000.

Q. A trader maintains his books of accounts on Single Entry basis. His books of accounts show that his total purchases during the year were Rs. 90,000 of which he returned goods worth Rs. 10,000. His credit sales were Rs. 50,000 and cash sales were Rs. 80,000 of the total sales goods returned were Rs. 30,000. Closing stock is Rs. 12,000. He sells his goods at cost plus 33.33%. His opening stock is?

Q. Wholesalers undertake advertisements and other sales promotional activities to induce customers to purchase the goods. The function performed by the wholesalers is ____.

Q. If the sales tax on a purchase worth Rs.

60

4.20

. What will be the sales tax on the purchase worth of Rs.

150

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Types of Sales Promotion

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