Question

0.8 Calculate the following.
1 Cash purchases 1,60,000 at 10% T.D. and 5% C.D. What is the amount of Net
purchases ?
2)
Purchased goods from Harish 12,000 @ 7% T.D. What is the amount of Trade discount?
Sold 50 shirts at 300 per shirt and 40 Trousers at 600 each, What is the amount of
3)
sales?
Sold 30 Jackets at
500 per Jacket at 8% Trade discount, What is the amount of Trade
discount?​

Answer 1

Answer:

Net Purchase: 1,36,800

T.D. = 840

Total Sales = 39,000

T.D. = 1200

Explanation:

Marked Price : 160000

(-) T.D. (16000)

Invoice Price : 144000

(-) C.D. (7200)

Net Purchase: 1,36,800

T.D. = 7/100 ×12000 = 840

Total Sales = 50×300 + 40×600

= 15000 + 24000

= 39,000

Total Sales = 30×500 = 15,000

T.D. = 8×15000/100

= 1200