Bought
goods
from
Amit
for
2,00.000
at
terms
5
%
cash
discount
and
20
%
trade
Sold
goods
to
Sherpa
at
the
list
price
of
50.000
less
20
%
trade
discount
and
4
%
cheque
on
Jan.
23rd
.
cash
discount
if
the
payment
is
made
within
7
days
.
75
%
payment
is
received
by
Sold
goods
to
Garima
for
1,00,000
,
allowed
her
20
%
trade
discount
and
5
%
cash
discount
if
the
payment
is
made
within
15
days
.
She
paid
1
4th
of
the
amount
by
cheque
on
Feb.
5th
and
60
%
of
the
remainder
on
Feb.
15th
in
cash
.
discoun
Cheque.
discount
Paid 3/4th of the amount in cash at the time of purchase.
with solution
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