Accountancy, asked by agustd04, 11 months ago

Bought goods at list price of 15000 from Rakesh less 10% trade discount and 5% cash discount and paid 40% price immediately. Also apply 12% IGST

Answers

Answered by renukasantu

Trade discount: 15000*10/100 = 1500
15000-1500= 13500
Cash discount:13500*5/100= 675
13500-675= 12825
Paid price: 12825*40/100= 5130
IGST: 5130*12/100= 615.6

Hope u got it

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