Question

Anil purchased 1,000 Add Gel Roller Pens @ Rs 50 each less trade discount of 20%. Purchases account will be debited by: a. Rs 50,000 b. Rs 40,000 c. 45,000 d. Rs 60,000

Answer 1

Answer:

Answer is (b.) Rs 40,000

Explanation:

In the given picture

Answer 2

Given : Anil purchased 1,000 Add Gel Roller Pens @ Rs 50 each less trade discount of 20%.

To Find : Purchases account will be debited by:

a. Rs 50,000 b. Rs 40,000 c. 45,000 d. Rs 60,000

Solution:

Price of 1 Gel pen  RS 50

Price of 1000 Gel Pens  = 1000 * 50  = 50000  Rs

Trade Discount = (20/100) 50000  = 10000 Rs

Price after Trade discount  = 50000 - 10000  = 40000 Rs

Purchases account will be debited by Rs 40000

Correct option is b) Rs 40000

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