Question

29. Debtors of a firm amount to Rs. 40,000. The firm
provides for discount at 4% and for bad debts at
5%. The provisions for discount will be :
(a) Rs. 1.250
(b) Rs. 1,520N
(c) Rs. 1.600
(d) Rs. 2,000


solution please!​

Answer 1

Answer:

. Debtors of a firm amount to Rs. 40,000. The firm

. Debtors of a firm amount to Rs. 40,000. The firmprovides for discount at 4% and for bad debts at

. Debtors of a firm amount to Rs. 40,000. The firmprovides for discount at 4% and for bad debts at5%. The provisions for discount will be :

(B)Rs.1520

Answer 2

Answer:

It will be C) 1600

Explanation:

As we need to calculate 4 percent of 40000

4/100*40000 which will amount to 1600