Question

bought goods from raman traders kanpur of list ₹40000 at 20% trade discount and 2.5% cash discount and 25% was made by cheque immediately calculate igst @ rate of 18%​

Answer 1

Explanation:

• purchase goods from raman trader of Rs 40000
• at T.D. 20%

so 40000 ×20/100= 8000

• amount will be 32000
• adding IGST 18%

32000×18/100= 5760

• amount will be 32000+5760=37760
• cash discount at 2.5%

37760×2.5/100=944

• amount will be 37760 - 944=36816
• 25% amount paid by cheque

36816×25/100= Rs 9204