Ascentain the invoice price of 50 books on business mathematics the printed price of which is rupees lo per copy & discount is allowed 20%.No Sale tax is chargeable but invoicing expenses would amount to Rupees 150.
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5
This question is wrong that is not lo per copy that's is 100 per copy
Answer:
4,150
Step-by-step explanation:
M.P of 1 Business Mathmatics book is =100
M.P of 50 Business book is=100×50=5000
discount allowed=20%
discount at 20% on M.P=20/100×5000=1000
Invoice Price=M.P-Trade discount+sales tax+invoicing charges
=5000-1000+0+150
=4000+0+150
=4150
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