Factors Considered Amount

Net Sales for 2007 $ 2,700.00

CGS for 2006 as a % of net sales
Operating Expenses in 2007 as a % of 2006 Net Sales
Interest Expenses of 2007 at 32 ( 8 * 4 quarters) $ 32.00
Tax rate : 35% 35%
Cash $ 23.00
Days Receivable, Days Inventory as that of 2006
PPE remains constant in 2007
Accrued Expenses $ 14.00
AP days vary according to availing or skipping CD
Other things remain the same as that of 2006

They should skip the discount

Analysis provided in cell A42

What should JED do - Analysis

Parameters AD/SD Analysis
AD is performing better in terms
of Overall Profitability, Margins,
Profitability AD and ROE.
Since Inventories cost is rising in
case of Skipping discount, AD is a
Current Asset AD better option here.

Current Liabilities
Working Capital Efficiency
Accounts Payable is reducing
drastically and Line of credit
payable is reducing under SD
option. Hence, it is a better
SD alternative here.
The CCC is far better under SD,
which directly relates with the
requirement of Jones Electrical.
Therefore, SD is a better choice
SD here.

Conditions mentioned in the case:

Condition AD SD
75% of Accounts Receivable $ 238.45 $ 238.45
50% of Inventory $ 223.65 $ 228.21
Line of Credit $ 462.10 $ 466.66

Considering the above parameters, we believe that JED should skip discount, as the company is facing
cash crunch and the option also offers a lower LOC requirement compared to availing discount,
which is increasing it by 31% and is also above the credit limit of $350000. Southern Bank & Trust
seems like a feasible option, after they cut ties from Metropolitan Bank.
 Avail Skip
Cash Discount 2% 0%
Tax 35%

Particulars 2004 2005 2006 2007

Net Sales $ 1,624.00 $ 1,916.00 $ 2,242.00
COGS $ 1,304.00 $ 1,535.00 $ 1,818.00
Change % 80.30% 80.11% 81.09%
OPEX $ 272.00 $ 307.00 $ 347.00
Change % 16.75% 16.02% 15.48%
INT 8

Income Sheet
Particulars AD SD
Net Sales $ 2,700.00 $ 2,700.00
COGS $ 2,145.60 $ 2,189.38
Gross Profit $ 554.40 $ 510.62
Operating Expenses $ 417.89 $ 417.89
Interest Expenses $ 32.00 $ 32.00
Profit Before Tax $ 104.52 $ 60.73
Tax $ 36.58 $ 21.26
Profit After Tax $ 67.94 $ 39.47

TLOE (Total Liabilities and Owner's

 Particulars 2004 2005 2006 2007
Accounts Receivable $ 187.00 $ 231.00 $ 264.00 $ 290.00
Inventory $ 243.00 $ 278.00 $ 379.00 $ 432.00
Properties and Equipment $ 187.00 $ 202.00 $ 252.00 $ 252.00
Accumalated Depreciation $ -74.00 $ -99.00 $ -134.00 $ -142.00
Net Worth $ 184.00 $ 213.00 $ 243.00 $ 248.00
Long Term Debt $ 182.00 $ 158.00 $ 134.00 $ 128.00

Balance Sheet
Particulars AD SD
Assets
Cash $ 23.00 $ 23.00
AR $ 317.93 $ 317.93
Inv $ 447.29 $ 456.42
TCA $ 788.22 $ 797.35
GPPE $ 252.00 $ 252.00
Acc Dep $ -166.00 $ -166.00
Net PPE $ 86.00 $ 86.00
TA $ 874.22 $ 883.35
Liabilities
AP $ 58.78 $ 179.95
LOC (Balancing Figure 2) $ 356.51 $ 272.93
AE $ 14.00 $ 14.00
CPLTD $ 24.00 $ 24.00

TCL (Balancing Figure 1) $ 453.29 $ 490.88

LTD $ 110.00 $ 110.00
OE $ 310.94 $ 282.47
TLOE (Total Liabilities and Owner's Equity) $ 874.22 $ 883.35
 Calculations
Days Receivable 43
Days Inventory 76

Days Payable
AD SD
10 30

Loan Repayment Factor

AD SD
24 24
 Income Sheet (2011-12)
Particulars Nov Dec Jan Feb Mar Apr May Jun
Gross Sales ₹ 27.20 ₹ 22.10 ₹ 26.20 ₹ 28.90 ₹ 44.50 ₹ 88.00 ₹ 138.90 ₹ 175.90
Excise Duty ₹ 4.08 ₹ 3.32 ₹ 3.93 ₹ 4.34 ₹ 6.68 ₹ 13.20 ₹ 20.84 ₹ 26.39
Net sales ₹ 22.27 ₹ 24.57 ₹ 37.83 ₹ 74.80 ₹ 118.07 ₹ 149.52
COGS ₹ 19.31 ₹ 21.30 ₹ 32.80 ₹ 64.86 ₹ 102.37 ₹ 129.64
Gross Profit ₹ 2.96 ₹ 3.27 ₹ 5.03 ₹ 9.94 ₹ 15.70 ₹ 19.88
Operating Expenses ₹ 4.55 ₹ 4.55 ₹ 4.55 ₹ 4.55 ₹ 4.55 ₹ 4.55
Dep ₹ 0.84 ₹ 0.84 ₹ 0.87 ₹ 0.87 ₹ 0.87 ₹ 0.90
Int ₹ 0.10 ₹ 0.21 ₹ 0.57 ₹ 1.44 ₹ 2.61 ₹ 3.72
PBT ₹ -2.52 ₹ -2.33 ₹ -0.96 ₹ 3.09 ₹ 7.67 ₹ 10.71
TAX ₹ -0.76 ₹ -0.70 ₹ -0.29 ₹ 0.93 ₹ 2.30 ₹ 3.21
PAT ₹ -1.77 ₹ -1.63 ₹ -0.67 ₹ 2.16 ₹ 5.37 ₹ 7.50
DIV ₹ - ₹ - ₹ 5.00 ₹ - ₹ - ₹ 5.00
RE ₹ -1.77 ₹ -1.63 ₹ -5.67 ₹ 2.16 ₹ 5.37 ₹ 2.50

Excise Duty 15%

RM (Purchase) 55%
DLC 34%
OPEX 6%
Annual Gross ₹ 909.00 (in mil)
Dep 10%
Interest Rate 15%
Tax 30%
Accounts Payable 50%
 Balance Sheet (2011-12)
Particulars Nov Dec Jan Feb Mar Apr May Jun
Cash ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50
AR ₹ 26.70 ₹ 27.74 ₹ 32.90 ₹ 50.12 ₹ 102.98 ₹ 179.98 ₹ 247.52
Inv ₹ 45.07 ₹ 80.49 ₹ 140.55 ₹ 198.41 ₹ 218.70 ₹ 166.77
TCA ₹ 34.20 ₹ 80.31 ₹ 120.89 ₹ 198.17 ₹ 308.89 ₹ 406.18 ₹ 421.79
GPPE ₹ 100.90 ₹ 100.90 ₹ 100.90 ₹ 104.40 ₹ 104.40 ₹ 104.40 ₹ 107.90
Acc Dep ₹ 15.64 ₹ 16.48 ₹ 17.35 ₹ 18.22 ₹ 19.09 ₹ 19.99
Net PPE ₹ 85.26 ₹ 84.42 ₹ 87.05 ₹ 86.18 ₹ 85.31 ₹ 87.91
TA ₹ 165.57 ₹ 205.31 ₹ 285.22 ₹ 395.07 ₹ 491.48 ₹ 509.69
AP ₹ 12.24 ₹ 24.20 ₹ 38.20 ₹ 48.37 ₹ 44.88 ₹ 23.60
NP ₹ 17.16 ₹ 47.26 ₹ 119.13 ₹ 215.71 ₹ 307.95 ₹ 341.73
AE ₹ -0.90 ₹ -1.66 ₹ -2.35 ₹ -2.64 ₹ -1.72 ₹ 0.59 ₹ 3.80

TCL ₹ 27.74 ₹ 69.11 ₹ 154.68 ₹ 262.37 ₹ 353.41 ₹ 369.13

OE ₹ 139.60 ₹ 137.83 ₹ 136.21 ₹ 130.54 ₹ 132.70 ₹ 138.07 ₹ 140.57
TLOE ₹ 165.57 ₹ 205.31 ₹ 285.22 ₹ 395.07 ₹ 491.48 ₹ 509.69
NP ₹ 8.00
DEP ₹ 14.80
Jan Feb Mar Apr May Jun
OB ₹ 34.50 ₹ 45.07 ₹ 80.49 ₹ 140.55 ₹ 198.41 ₹ 218.70
+MP ₹ 24.48 ₹ 48.40 ₹ 76.40 ₹ 96.75 ₹ 89.76 ₹ 47.19
+DLC ₹ 5.41 ₹ 8.32 ₹ 16.46 ₹ 25.97 ₹ 32.89 ₹ 30.52
-CGS ₹ 19.31 ₹ 21.30 ₹ 32.80 ₹ 64.86 ₹ 102.37 ₹ 129.64
CB ₹ 45.07 ₹ 80.49 ₹ 140.55 ₹ 198.41 ₹ 218.70 ₹ 166.77
 Income Sheet
Particulars Nov Dec Jan Feb Mar Apr May
Gross Sales 27.20 22.10 26.20 28.90 44.50 88.00 138.90
Excise Duty 4.08 3.32 3.93 4.34 6.68 13.20 20.84
Net sales 22.27 24.57 37.83 74.80 118.07
COGS 19.31 21.30 32.80 64.86 102.37
Gross Profit 2.96 3.27 5.03 9.94 15.70
Operating Expenses 4.55 4.55 4.55 4.55 4.55
Dep 0.84 0.84 0.87 0.87 0.87
Int 0.10 0.06 0.03 0.48 1.23
PBT -2.52 -2.18 -0.41 4.05 9.05
TAX -0.76 -0.65 -0.12 1.22 2.72
PAT -1.77 -1.53 -0.29 2.84 6.34
DIV 0.00 0.00 5.00 0.00 0.00
RE -1.77 -1.53 -5.29 2.84 6.34

Excise Duty 15%

RM (Purchase) 55%
DLC 34%
OPEX 6%
Annual Gross ₹ 909.00 (in mil)
Dep 10%
Interest Rate 14.5%
Tax 30%
Accounts Payable 50%
 Jun Jul Aug Sep Oct Nov Dec
175.90 163.20 85.80 50.30 44.50 35.30 27.70
26.39 24.48 12.87 7.55 6.68 5.30 4.16
149.52 138.72 72.93 42.76 37.83 30.01 23.55
129.64 120.28 63.23 37.07 32.80 26.02 20.41
19.88 18.44 9.70 5.68 5.03 3.99 3.13
4.55 4.55 4.55 4.55 4.55 4.55 4.55
0.90 0.90 0.90 0.93 0.93 0.93 0.96
2.16 2.94 2.67 1.49 0.63 0.27 0.10
12.27 10.06 1.59 -1.28 -1.07 -1.75 -2.47
3.68 3.02 0.48 -0.38 -0.32 -0.53 -0.74
8.59 7.04 1.11 -0.90 -0.75 -1.23 -1.73
5.00 0.00 0.00 5.00 0.00 0.00 5.00
3.59 7.04 1.11 -5.90 -0.75 -1.23 -6.73
 Balance Sheet
Particulars Nov Dec Jan Feb Mar Apr
Cash 7.50 7.50 7.50 7.50 7.50 7.50
Acc Rec 26.70 27.74 32.90 50.12 102.98
Inv 20.60 23.77 47.70 75.69
Total CA 34.20 55.84 64.17 105.32 186.17
Gross PPE 100.90 100.90 100.90 104.40 104.40
Acc Dep 15.64 16.48 17.35 18.22
Net PPE 85.26 84.42 87.05 86.18
Total Assets 141.10 148.59 192.37 272.35
Acc Pay 0.00 12.24 24.20 38.20
Notes Payable 4.92 2.35 39.58 101.52
Acc Exp -0.90 -1.66 -2.31 -2.43 -1.22

TCL 3.26 12.28 61.35 138.50

OE 139.60 137.83 136.31 131.02 133.85
Total Lia and Own Equity 141.10 148.59 192.37 272.35
NP ₹ 8.00
DEP ₹ 14.80
Jan Feb Mar Apr
OB 34.50 20.60 23.77 47.70
+MP 0.00 24.48 48.40 76.40
+DLC 5.41 0.00 8.32 16.46
-CGS 19.31 21.30 32.80 64.86
CB 20.60 23.77 47.70 75.69
 May Jun Jul Aug Sep Oct Nov Dec
7.50 7.50 7.50 7.50 7.50 7.50 7.50 7.50
179.98 247.52 257.02 172.00 90.06 62.96 50.28 37.16
96.04 89.06 46.49 26.96 23.77 18.71 14.53 18.00
283.52 344.08 311.01 206.46 121.33 89.17 72.31 62.66
104.40 107.90 107.90 107.90 111.40 111.40 111.40 114.90
19.09 19.99 20.89 21.79 22.72 23.65 24.57 25.53
85.31 87.91 87.01 86.11 88.68 87.75 86.83 89.37
368.83 431.99 398.02 292.57 210.01 176.93 159.14 152.03
48.37 44.88 23.60 13.83 12.24 9.71 7.62 9.35
178.77 243.32 220.58 123.31 51.74 22.25 8.31 5.35
1.50 0.00 3.02 3.49 0.00 -0.32 -0.85 0.00

228.64 288.20 247.19 140.64 63.98 31.64 15.08 14.70

140.19 143.78 150.82 151.93 146.04 145.29 144.06 137.33
368.83 431.99 398.02 292.57 210.01 176.93 159.14 152.03

May Jun Jul Aug Sep Oct Nov Dec

75.69 96.04 89.06 46.49 26.96 23.77 18.71 14.53
96.75 89.76 47.19 27.67 24.48 19.42 15.24 18.70
25.97 32.89 30.52 16.04 9.41 8.32 6.60 5.18
102.37 129.64 120.28 63.23 37.07 32.80 26.02 20.41
96.04 89.06 46.49 26.96 23.77 18.71 14.53 18.00
 Income Sheet
Particulars Nov Dec Jan Feb Mar Apr May Jun
Gross Sales ₹ 27.20 ₹ 22.10 ₹ 26.20 ₹ 28.90 ₹ 44.50 ₹ 88.00 ₹ 138.90 ₹ 175.90
Excise Duty ₹ 4.08 ₹ 3.32 ₹ 3.93 ₹ 4.34 ₹ 6.68 ₹ 13.20 ₹ 20.84 ₹ 26.39
Net sales ₹ 22.27 ₹ 24.57 ₹ 37.83 ₹ 74.80 ₹ 118.07 ₹ 149.52
COGS ₹ 18.59 ₹ 20.50 ₹ 31.57 ₹ 62.44 ₹ 98.55 ₹ 124.80
Gross Profit ₹ 3.68 ₹ 4.06 ₹ 6.25 ₹ 12.36 ₹ 19.52 ₹ 24.71
Opera Ex ₹ 4.55 ₹ 4.55 ₹ 4.55 ₹ 4.55 ₹ 4.55 ₹ 4.55
Dep ₹ 0.84 ₹ 0.84 ₹ 0.87 ₹ 0.87 ₹ 0.87 ₹ 0.90
Int ₹ 0.10 ₹ 0.20 ₹ 0.55 ₹ 1.39 ₹ 2.51 ₹ 3.56
PBT -₹ 1.80 -₹ 1.52 ₹ 0.29 ₹ 5.56 ₹ 11.59 ₹ 15.71
TAX -₹ 0.54 -₹ 0.46 ₹ 0.09 ₹ 1.67 ₹ 3.48 ₹ 4.71
PAT -₹ 1.26 -₹ 1.07 ₹ 0.20 ₹ 3.89 ₹ 8.12 ₹ 11.00
DIV ₹ 0.00 ₹ 0.00 ₹ 5.00 ₹ 0.00 ₹ 0.00 ₹ 5.00
RE -₹ 1.26 -₹ 1.07 -₹ 4.80 ₹ 3.89 ₹ 8.12 ₹ 6.00

Excise Duty 15%

RM (Purchase) 55%
DLC 29%
OPEX 6%
Annual Gross ₹ 909.00 (in mil)
Dep 10%
Interest Rate 15%
Tax 30%
Accounts Payable 50%
 Balance Sheet
Particulars Nov Dec Jan Feb Mar Apr
Cash ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50
Acc Rec ₹ 26.70 ₹ 27.74 ₹ 32.90 ₹ 50.12 ₹ 102.98
Inv ₹ 45.00 ₹ 79.99 ₹ 138.85 ₹ 195.31
Total CA ₹ 34.20 ₹ 80.24 ₹ 120.39 ₹ 196.47 ₹ 305.79
Gross PPE ₹ 100.90 ₹ 100.90 ₹ 100.90 ₹ 104.40 ₹ 104.40
Acc Dep ₹ 15.64 ₹ 16.48 ₹ 17.35 ₹ 18.22
Net PPE ₹ 85.26 ₹ 84.42 ₹ 87.05 ₹ 86.18
Total Assets ₹ 165.50 ₹ 204.81 ₹ 283.52 ₹ 391.97
Acc Pay ₹ 12.24 ₹ 24.20 ₹ 38.20 ₹ 48.37
Notes Payable ₹ 16.36 ₹ 45.23 ₹ 114.65 ₹ 207.37
Acc Exp -₹ 0.90 -₹ 1.44 -₹ 1.90 -₹ 1.81 -₹ 0.14

TCL ₹ 27.16 ₹ 67.54 ₹ 151.04 ₹ 255.60

OE ₹ 139.60 ₹ 138.34 ₹ 137.27 ₹ 132.48 ₹ 136.37
Total Lia and Own Equity ₹ 165.50 ₹ 204.81 ₹ 283.52 ₹ 391.97
NP ₹ 8.00
DEP ₹ 14.80
Jan Feb Mar Apr
OB ₹ 34.50 ₹ 45.00 ₹ 79.99 ₹ 138.85
+MP ₹ 24.48 ₹ 48.40 ₹ 76.40 ₹ 96.75
+DLC ₹ 4.61 ₹ 7.10 ₹ 14.04 ₹ 22.15
-CGS ₹ 18.59 ₹ 20.50 ₹ 31.57 ₹ 62.44
CB ₹ 45.00 ₹ 79.99 ₹ 138.85 ₹ 195.31
 May Jun
₹ 7.50 ₹ 7.50
₹ 179.98 ₹ 247.52
₹ 214.58 ₹ 163.00
₹ 402.06 ₹ 418.02
₹ 104.40 ₹ 107.90
₹ 19.09 ₹ 19.99
₹ 85.31 ₹ 87.91
₹ 487.37 ₹ 505.93
₹ 44.88 ₹ 23.60
₹ 294.66 ₹ 323.80
₹ 3.34 ₹ 8.05

₹ 342.88 ₹ 355.44
₹ 144.49 ₹ 150.48
₹ 487.37 ₹ 505.93

May Jun
₹ 195.31 ₹ 214.58
₹ 89.76 ₹ 47.19
₹ 28.06 ₹ 26.03
₹ 98.55 ₹ 124.80
₹ 214.58 ₹ 163.00
 Income Sheet
Particulars Nov Dec Jan Feb Mar Apr
Gross Sales ₹ 27.20 ₹ 22.10 ₹ 26.20 ₹ 28.90 ₹ 44.50 ₹ 88.00
Excise Duty ₹ 4.08 ₹ 3.32 ₹ 3.93 ₹ 4.34 ₹ 6.68 ₹ 13.20
Net Sales ₹ 22.27 ₹ 24.57 ₹ 37.83 ₹ 74.80
COGS ₹ 64.50 ₹ 64.50 ₹ 64.50 ₹ 64.50
Gross Profit ₹ -42.23 ₹ -39.94 ₹ -26.68 ₹ 10.30
Operating Expenses ₹ 4.55 ₹ 4.55 ₹ 4.55 ₹ 4.55
Dep ₹ 0.84 ₹ 0.84 ₹ 0.87 ₹ 0.87
Int ₹ 0.10 ₹ 0.35 ₹ 0.96 ₹ 1.66
PBT ₹ -47.71 ₹ -45.67 ₹ -33.05 ₹ 3.23
TAX ₹ -14.31 ₹ -13.70 ₹ -9.91 ₹ 0.97
PAT ₹ -33.40 ₹ -31.97 ₹ -23.13 ₹ 2.26
DIV ₹ - ₹ - ₹ 5.00 ₹ -
RE ₹ -33.40 ₹ -31.97 ₹ -28.13 ₹ 2.26

Excise Duty 15%

RM (Purchase) ₹ 50.00 (in mil)
DLC 29%
OPEX 6%
Annual Gross ₹ 909.00 (in mil)
Dep 10%
Interest Rate 15%
Tax 30%
Accounts Payable 50%

Conclusion

Notes Payable is not zero for any month. The notes payable is increasing. The proposal of keeping the purchase amount at 5
would be not be a wise decision while lowering the purchases to 29%.

If we consider the other option of lowering the days inventory from 60 days to 30 days, we can see that the notes payable is
at the rapid rate at which it is exhibiting in the case of the Operations Proposal. When compared, we can say that the Transp
Proposal is a better one, considering Notes Payable
 Balance Sheet
May Jun Particulars Nov Dec Jan
₹ 138.90 ₹ 175.90 Cash ₹ 7.50 ₹ 7.50 ₹ 7.50
₹ 20.84 ₹ 26.39 Acc Rec ₹ 26.70 ₹ 27.74
₹ 118.07 ₹ 149.52 Inv ₹ 24.61
₹ 64.50 ₹ 64.50 Total CA ₹ 34.20 ₹ 59.85
₹ 53.57 ₹ 85.02 Gross PPE ₹ 100.90 ₹ 100.90
₹ 4.55 ₹ 4.55 Acc Dep ₹ 15.64
₹ 0.87 ₹ 0.90 Net PPE ₹ 85.26
₹ 2.24 ₹ 2.61 Total Assets ₹ 145.11
₹ 45.91 ₹ 76.96 Acc Pay ₹ 25.00
₹ 13.77 ₹ 23.09 Notes Payable ₹ 29.12
₹ 32.13 ₹ 53.87 Acc Exp ₹ -0.90 ₹ -15.21
₹ - ₹ 5.00
₹ 32.13 ₹ 48.87 TCL ₹ 38.91
OE ₹ 139.60 ₹ 106.20
Total Lia and Own Equity ₹ 145.11
NP ₹ 8.00
DEP ₹ 14.80
Jan
OB ₹ 34.50
+MP ₹ 50.00
+DLC ₹ 4.61
-CGS ₹ 64.50
CB ₹ 24.61

g the purchase amount at 50 million

e that the notes payable is not increasing

we can say that the Transport Manager's
Balance Sheet
Feb Mar Apr May Jun
₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50 ₹ 7.50
₹ 32.90 ₹ 50.12 ₹ 102.98 ₹ 179.98 ₹ 247.52
₹ 24.61 ₹ 24.61 ₹ 24.61 ₹ 24.61 ₹ 24.61
₹ 65.01 ₹ 82.23 ₹ 135.09 ₹ 212.09 ₹ 279.63
₹ 100.90 ₹ 104.40 ₹ 104.40 ₹ 104.40 ₹ 107.90
₹ 16.48 ₹ 17.35 ₹ 18.22 ₹ 19.09 ₹ 19.99
₹ 84.42 ₹ 87.05 ₹ 86.18 ₹ 85.31 ₹ 87.91
₹ 149.43 ₹ 169.28 ₹ 221.27 ₹ 297.40 ₹ 367.54
₹ 25.00 ₹ 25.00 ₹ 25.00 ₹ 25.00 ₹ 25.00
₹ 79.11 ₹ 137.01 ₹ 185.77 ₹ 216.00 ₹ 214.18
₹ -28.92 ₹ -38.83 ₹ -37.86 ₹ -24.09 ₹ -1.00

₹ 75.20 ₹ 123.18 ₹ 172.91 ₹ 216.91 ₹ 238.18

₹ 74.23 ₹ 46.10 ₹ 48.36 ₹ 80.49 ₹ 129.37
₹ 149.43 ₹ 169.28 ₹ 221.27 ₹ 297.40 ₹ 367.54

Feb Mar Apr May Jun

₹ 24.61 ₹ 24.61 ₹ 24.61 ₹ 24.61 ₹ 24.61
₹ 50.00 ₹ 50.00 ₹ 50.00 ₹ 50.00 ₹ 50.00
₹ 14.50 ₹ 14.50 ₹ 14.50 ₹ 14.50 ₹ 14.50
₹ 64.50 ₹ 64.50 ₹ 64.50 ₹ 64.50 ₹ 64.50
₹ 24.61 ₹ 24.61 ₹ 24.61 ₹ 24.61 ₹ 24.61