Sales are 500000 , 40% credit, company will collect 20% of receivable in the first year , 30% second year , 30% third yeer , 20% forth year

30% of receivable i.e.40 % of sale

30% of40% =12% of sales 

=60000 is the answer

Cash Sales =3,00,000

Receivable of First year:0.30*2,00,000=60,000

Receivable of Second year:0.30*2,00,000=60,000

Receivable of Third year:0.20*2,00,000=40,000

Total cash inflow=4,60,000

a-60000

credit sales -200000

first year-40000

second year-60000

third year-60000

last year-40000

Total Receivable is% of that is A-60000

40$ of Credit Sales -200,000. Hence30% of receivables will be60,000 

Based on the information cash collected in the third year is60,000

500000 x40% =200000

200000 x30% =60000

The answer is A-60000

The right answer is Option A.60,000/- (40% of500000 is200000 then30% collected in3rd year from it.

Third year collection is30% of the Total credit sales effected i.e.200000.

[Answer option:60000]