A firm sells its final products for Rs 2,00,000 per month, 80% of which is sold on net 30 terms. The cost of material accounts for 60% of the sale value and the operating cost amounts to 10% of the...

A firm sells its final products for Rs 2,00,000 per month, 80% of which is sold on net 30 terms. The cost of material accounts for 60% of the sale value and the operating cost amounts to 10% of the sale value. The firm has to make interest payment of Rs 10,000 every month. Find the monthly cash requirements of the firm.