Question

3.Anil purchased 1,000 Add Gel Roller Pens @Rs.50 each less Trade discount of 20%. Purchases Account will be debited by



Rs.50,000

Rs.40,000

Rs.45,000

Rs.60,000


​

Answer 1

Explanation:

40000

50×1000=50000

50000×20/100=10000

50000-10000=40000

Answer 2

Given: Number of pens purchased = 1000

            price of per pen = Rs 50

            Trade discount= 20 %

To find: Amount which will be debited by purchase account

Solution: It is given, total number of pens purchased= 1000

                 Price of per pen = Rs 50

             Price of 1000 pens = Rs( 1000 x 50 )

                                             = Rs 50000

            trade discount given = 20 percent

                                                = 20/100 x 50000

                                                  = 10000

              Price after trade discount = Rs (50000 - 10000)

                                                         = Rs 40,000

Hence, purchase account will be debited by Rs 40,000.